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- #Gate 2025 Semi-Year Community Gala# voting is in progress! 🔥
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Lido DAO dual governance proposal approved, will go live on July 4th
PANews, July 1st news, Lido Finance announced that its LDO holders have approved a dual governance proposal. For Lido DAO, the voting process includes forum discussions, off-chain voting, and on-chain voting. The dual governance adds a new phase, allowing stETH holders to oppose LDO decisions. The specific mechanism includes: when 1% of the TVL is locked, an additional time lock of 5 to 45 days is added; when 10% of the TVL is locked, an "angry exit" is triggered, preventing the execution of all proposals until the relevant assets are withdrawn from the protocol. This mechanism will officially go live on July 4th, and the first proposal will be fully implemented after testing in the new phase.