Unchained Does Lido's Dual Governance Now Make It the Safest Place to Stake ETH? - Ep. 860
Jul 1, 2025
In this engaging discussion, Hasu, strategic advisor to Lido and mechanism design expert, joins co-founder Vasiliy Shapovalov to delve into Lido's groundbreaking dual governance model. They explore how this new system empowers stakers, enhances security, and could potentially attract institutional investors back to ETH staking. The conversation covers the mechanics of the governance overhaul, its implications for the value of LDO tokens, and what this shift means for the future of decentralized finance.
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Dynamic Time Lock Enhances Security
- Lido's dual governance adds a dynamic time lock to protect stakers from bad proposals.
- It prevents harmful governance changes by allowing staking token holders to delay or veto decisions.
No More Security-Liquidity Tradeoff
- Dual governance resolves the tradeoff between security and liquidity for Lido users.
- It provides near-immutable security while maintaining liquidity for staked ETH holders.
Dual Governance Appeals to Institutions
- Dual governance increases Lido's security edge ahead of other protocols.
- It addresses governance risk, a key concern for institutional and security-conscious users.