Ethereum

Reported by decrypt, <a target="_blank" href="https://tokeninsight.com/en/coins/lido-dao-token/overview" rel="noopener noreferrer nofollow">LidoDAO</a> is pushing for dual governance model. If passed, it would give Lido users–specifically those who are staking Ethereum and hold stETH–veto power on governance proposals approved by LDO holders. 
The current governance system for Lido is based on LDO, which means that only LDO holders can vote on proposals. Naturally, this gives LDO holders a degree of power over the protocol that stETH holders don’t have. This can have consequences, if, for instance, LDO holders move to change something that could negatively impact liquid stakers. 
On June 22, a core contributor to LidoDAO, a pseudonymous developer named skozin.eth introduced the concept of dual governance. This proposal aims to grant stETH holders veto power over the DAO's governance decisions. The proposal has yet to move behind discussion to a vote. 
&nbsp; 
<a target="_blank" href="https://tokeninsight.com/en/cryptocurrencies" rel="noopener noreferrer nofollow">TokenInsight</a> is dedicated to covering the most important and cutting-edge trends in the world of crypto. If you have information to share with us, please feel free to contact our email <a href="mailto:news@tokeninsight.com" rel="noopener noreferrer nofollow">news@tokeninsight.com</a>. Your trust will be well respected.

LidoDAO Pushing for Dual Governance Model, Giving stETH Holders Veto Power

TokenInsight

Andra artiklar publicerade 26 juli 2023

Dogecoin (DOGE) Pumps 10% As Elon Musk Links Memecoin To X

Ripple CEO Brad Garlinghouse Slams SEC for ‘Regulation by Enforcement

AMD Stock Price Prediction: Price Targets For (NASDAQ: AMD)!

Upstart Stock Price Shot up 17%; UPST Stock hit 52 Week High

Quantstamp Settles Charges with SEC Over $28 Million ICO!

Ethereum’s New Contender in Generative Art: Highlight’s Bold Venture

Prenumerera på vårt nyhetsbrev och få kryptouppdateringar varje dag!