TechFlow news, June 29 — According to The Block, the Ethereum staking protocol Lido DAO has voted in favor of a dual governance structure proposal, granting stakers (users holding stETH tokens) the power to delay or veto governance decisions made by LDO token holders. The main voting phase concluded with near-unanimous approval: 53.6 million LDO tokens voted in favor, just surpassing the required threshold of 50 million LDO votes, with only 1.18 LDO opposed. Under the new model, stakers can voice objections by depositing stETH into a custody contract. If deposits reach 1% of Lido's total staked ETH, a proposal will be delayed for five days; if they reach 10%, the proposal will be frozen. The final voting results will be confirmed at 10:00 a.m. Eastern Time on June 30, unless there is significant opposition during the "objection" phase.
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