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Lido launches a proposal vote on the "Design and Implementation Path of Dual Governance"

CointimeCointime2024/04/22 09:28
By:Cointime

Snapshot page shows that the Lido community is voting on the proposal for "Design and Implementation Path of Dual Governance" and will end on April 26th. If the proposal is approved, the Dual Governance research team will continue with the technical implementation. The Dual Governance mechanism (DG) is an iteration of protocol governance, giving StETH holders the following two rights: dynamic and user-expandable time locks for DAO decision implementation; a rage quit mechanism that considers Ethereum withdrawal work details. The rough timeline is to deploy the testnet around the third quarter and may deploy the mainnet at the end of the third or fourth quarter. The specific time may change based on security checks and testnet results.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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