4min chapter

I Pledge Allegiance cover image

Rune Christensen - The MakerDAO Endgame Plan

I Pledge Allegiance

CHAPTER

How Lydo's Dual St Eth Governance Structure Addresses Governance Problems

Lydos dual st eth governance structure allows s to eth holders to veto certain kinds of proposals so that ldo holders cannot just steal all the collateral for example or perform some worst case of taxing. "It's going to be quite easy to see when the governance power system is abused yeah actually maybe not in there's something we call a sliver's loop misalignment," he says. Lydos also has what it calls an emergency shutdown which lets token holders step in and use these emergency powers if they feel like things are getting out of hand.

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