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Lido Vote #214 Passes As Dual Governance Moves Onto Ethereum Mainnet

Bitcoinist
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Lido Vote #214 Passes As Dual Governance Moves Onto Ethereum Mainnet

TL;DR Lido DAO Vote #214 has passed with 58.2 million LDO participating in favor. The vote implements Dual Governance V1 parameters, giving stETH holders a new mechanism to contest certain governance actions. The associated emergency governance delay has been extended to 14 days. Lido’s long-running effort to give stETH holders more influence over protocol governance […]

Key Takeaways

  1. TL;DR Lido DAO Vote #214 has passed with 58.2 million LDO participating in favor.
  2. The vote implements Dual Governance V1 parameters, giving stETH holders a new mechanism to contest certain governance actions.
  3. The associated emergency governance delay has been extended to 14 days.
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Summary generated by IndiCrypto from Bitcoinist. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.