Lido has launched a groundbreaking dual governance system for stETH holders, marking a significant shift in the Ethereum staking landscape. This move empowers users to participate in protocol decisions directly and offers more control over their assets. 7.28% price surge in stETH following the announcement reflects heightened market enthusiasm for Lido’s innovation. The new mechanism grants holders veto power on proposals impacting stETH, marking a significant departure from previous models. Lido DAO’s LIP-28 document outlines the details of this governance overhaul, highlighting its focus on security and user involvement. This system introduces an exit function allowing users to opt out if they disagree with contentious governance decisions, ensuring greater transparency and accountability in the DeFi ecosystem.