Jun 18, 2022 11:35 AM (GMT+8) · EqualOcean
[Lido Dao proposes to change the governance system and introduce a dual governance solution for pledgers and LDO holders] on June 18, Lido Dao proposed to change the Lido governance system to "reduce the existing governance scope of its token holders". Although Lido Dao is currently deployed on Ethereum, LDO holders have governance rights over other flow pledge agreements on the chain, including polygon and Solana. Under the current Multi Chain Governance System of the Dao, LDO holders have incentives related to other chains, "which are not necessarily consistent with the incentives of Ethereum network participants," wrote Sam kozin, the developer of Lido's smart contract, in a blog post. In order to solve this problem, Lido team proposed a dual governance solution, proposing to introduce "a dispute and resolution mechanism for improper incentives between Pledgors and LDO holders". (Blockworks)