Lido approves the Dual Governance rollout design

What happened

Lido voters approved LIP-28’s final implementation, parameters, and committee structure.

What changed

The approval authorized a dynamic timelock through which stETH holders can delay motions and ultimately block execution until a rage quit completes.

What did not change

No May evidence established deployment, role transfer, live escrow, or active veto protection.

Confirmed

• The first-seal threshold was proposed at 1% of Lido Ethereum TVL.
• The second seal was 10%.
• Emergency, reseal, and tiebreaker committees were included.

Still open

• The later Aragon vote and execution.
• Final thresholds, signer sets, permissions, and GateSeal configuration.
• Behavior during mass withdrawal or committee failure.

What it means for an advisor

• Review governance, timelock, committee, and withdrawal-capacity assumptions.
• Verify deployed contracts and roles before treating Dual Governance as operative.