Lido DAO dual governance proposal approved, to be launched on July 4

Odaily 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.
Dual governance adds a new stage to allow stETH holders to object to LDO decisions. The specific mechanism includes: when 1% TVL is locked, an additional time lock of 5 to 45 days is added; when 10% TVL is locked, an "angry exit" is triggered, preventing all proposals from being executed until the relevant assets are withdrawn from the protocol. The mechanism will be officially launched on July 4, and the first proposal will be fully implemented after passing the new stage of testing.