Prominent albeit pseudonymous researcher and advisor Hasu highlighted dual governance as essential for balancing trust and liquidity in liquid staking protocols
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If approved, the proposal will activate a new framework that gives stETH holders — users whose ether is staked via Lido — a formal mechanism to delay or veto governance actions, adding a novel layer of accountability to the voting system. The new technical mechanism has implications for all of crypto, not just Lido, according to the prominent albeit pseudonymous researcher and advisor Hasu.“Lido really reduces the risk that users have from any kind of governance attack [and] the trust that they need in the maintainer companies and the LDO holders,” Hasu told Blockworks.
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