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stETH holders are users whose Ether is staked through Lido and who hold stETH tokens representing their staked ETH
Lido DAO’s dual governance restructures the DAO, while Lido token holders (LDO) retain the exclusive right to create and vote on proposals, stETH holders gain the formal right to delay or veto those decisions by registering objections
Lido DAO is Ethereum’s largest liquid staking protocol governed by a decentralized autonomous organization(DAO)
The aim behind Lido DAO’s dual governance is to safeguard Lido’s stakers and the Ethereum ecosystem by introducing an independent veto layer that mitigates risky or harmful proposals by LDO token holders
Lido DAO voted in favor of implementing a dual governance model in June 2025

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Lido DAO introduces dual governance model

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