Lido DAO grants stETH holders the right to veto delays through a new proposal.

[CoinWorld] The Ethereum staking protocol Lido DAO has proposed a dual governance structure that grants stETH holders the power to delay or veto decisions made by LDO holders. The proposal passed with a voting threshold of 53.6 million LDO in favor; under the new model, stakers can delay a proposal for 5 days by depositing 1% of the total staked ETH, and freeze the proposal by depositing 10%. The American fintech company Fiserv announced it will collaborate with PayPal and Circle to launch the on-chain stablecoin FIUSD on the Solana blockchain, expected to go live by the end of the year and integrated into its banking platform Finxact. Tether's CEO revealed that the open-source password manager PearPass is set to be released, supporting multi-platform synchronization and running fully localized. The Resupply protocol proposed an emergency remedy to handle 10 million ReUSD bad debts, including the destruction of insurance pool assets and extending the user lock-up period; this plan was criticized by OneKey's founder as "taking money from users' pockets." The executive chairman of a trading platform, Michael Saylor, hinted that the company might increase its Bitcoin holdings again. Yuxin Technology revealed that it has signed a confidentiality agreement with a stablecoin issuer and is laying out a full-process solution for stablecoin issuance.

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Frontrunnervip
· 07-02 23:59
It can be a good thing or a bad thing, deservedly.
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PerennialLeekvip
· 07-02 14:13
Why not just cut it once?
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FundingMartyrvip
· 07-01 22:36
It's really fun, but is it useful?
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BtcDailyResearchervip
· 06-30 05:40
It's getting more and more ridiculous.
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NotAFinancialAdvicevip
· 06-30 02:50
This wave is pretty good, huh?
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TokenomicsTinfoilHatvip
· 06-30 02:49
Who can understand steth being so complicated?
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SmartContractPlumbervip
· 06-30 02:48
Another case of centralized permissions, be careful of pitfalls.
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LowCapGemHuntervip
· 06-30 02:45
steth this wave is about to To da moon
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GateUser-a606bf0cvip
· 06-30 02:43
The weighted governance is understood well, not bad.
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Ser_Liquidatedvip
· 06-30 02:39
The stake party is finally going to rise!
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