Governor Note: Lido DAO’s LDO and stETH Dual Governance

Lido DAO proposes a dual governance voting system that enables holders of staked Ethereum (stETH) to vote alongside holders of Lido governance tokens (LDO). With the new voting system, stETH holders can block decisions from LDO holders that conflict with their interests. While the veto power can help stETH holders, it can also be abused. The DAO is considering options to prevent such abuse until the protocol is upgraded to require fewer governance votes.

Continue reading on Messari