6min chapter

I Pledge Allegiance cover image

Hasu and Sam Kozin - Lido Governance

I Pledge Allegiance

CHAPTER

How Much Time Does the First ETHO Have to React?

The idea is that any of these potentially harmful decisions has an extended time-lock compared to a regular decision, for example, spending some money from treasury. If this limit is exceeded, then the total locked tokens, then the voting starts which allows a wider part of the community to participate. Any new decisions that get proposed while the governance is in this state, they are also blocked. They cannot be executed at any time and future, regardless of the future governance state. Unless community agrees to specifically allow some decision. So basically, we go into a state where the community has to explicitly opt into any new proposal instead of previously it must sort of opt out and now it's opt in.

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