Vinson warned on X that dual governance could undermine LDO’s value relative to the much larger stETH supply without offering additional benefits

Quotes that support claims

Vinson 文森文 @0x9vincent If Lido DAO's "Dual Governance" proposal passes, LDO's governance value will be obliterated, no matter how stETH and LDO weights are allocated! $22B stETH vs. a mere $0.6B LDO?! No rewards! Institutional linear unlocking sell-off! 60% of LDO held by institutions—decentralization? Without added value, LDO is doomed to die! #Lido #DeFi #CryptoDoom