Dual Governance: Approved 🎉 LDO holders have approved Dual Governance: a dynamic timelock system giving stETH holders a say in the governance of Lido DAO. Here’s what happens next. ↓

Dual Governance is the culmination of 3 years of research and development to solve the risk of governance capture and support Lido DAO's purpose of keeping Ethereum decentralized, accessible and resistant to censorship. It’s a major step toward more robust governance for Ethereum stakers.

For Lido DAO, voting has different phases: a forum discussion, followed by off-chain and on-chain voting. Dual Governance introduces a new phase where stETH holders can oppose LDO decisions. Dual Governance will be the first proposal to go through this new phase before it's fully rolled out on-chain on July 4.

Dual Governance adds an explicit role for stakers in protocol governance through the dynamic timelock mechanism. • 1% of TVL locked → Extra timelock added (5-45 days) • 10% of TVL locked → "Rage Quit" triggered, blocking all motions from execution until the stETH, wstETH, and unstETH in Dual Governance are withdrawn from the protocol. This mechanism scales protection in proportion to opposition the more stakers disagree with a DAO proposal, the longer the delay. More details:

Thanks to everyone who contributed to the Dual Governance release: designed, coded, reviewed, audited, verified guides and voted 💙 Stay tuned for the next update!

And a little extra... A POAP for all voters🎖 In appreciation of those who voted in vote #189 to activate Dual Governance, a special commemorative POAP is now available for claiming. Claim here: