Lido’s dual governance model has received approval from LDO holders, enhancing governance for Ethereum stakers. This update allows holders of staked ETH to delay proposals and influences decision-making, which will be launched on-chain by July 4.
The positive community feedback and enhanced governance might increase protocol adoption and security. However, LDO token is currently facing challenges, having fallen 60.85% this year, raising concerns about its future performance.
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