Lido Proposes Radical Governance Model Granting stETH Holders Decision-Making Power

Lido Finance introduces the LIP-28 proposal, which introduces a dual governance system allowing stETH holders to directly participate in key protocol decisions and granting them veto power after certain proposals are approved by LDO holders. This new mechanism aims to increase transparency and decentralization, as currently only LDO tokenholders have the right to decide the direction of protocol development.