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- Lido Dao has strengthened its management system with extensive two -phase voting periodsAn emergency mechanism called Gateal, and a structure of expert committees for technical and financial decision -making.
- These improvements are targeted Boost the participation, reduce the risk and care for transparent, decentralized administration.
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As the community grows and challenges intensify, Lido undertakes to solid and adaptable administration in the developing crypto ecosystem.
As Defi protocols such as Lido Dao expands in size and influence, so do their responsibilities. Managing millions on assets not only requires decentralization, but also robust Security, operational efficiency and complete transparency. Lido Dao has taken a crucial step in this context By upgrading the management model to take on the growing challenges of the crypto landscape.
New voting time lines and more time to decide
One of the most striking updates is The expansion of the voting phases on the chain: the The main phase now runs from Wednesday to Saturday (72 hours), followed by The objection phase until Monday (48 hours). This change comes in response to a worrying decrease in the involvement of voters – from more than 88 million LDO tokens participating in Q4 2023 to Only 63 million in Q4 2024. By extending the voting period, token holders have more time to properly assess proposals and, if necessary, to ignore decisions of their delegates.
The three-step administrative process (discussion, gas-free off-chain voting and execution at the chain) remains in forceTo ensure that each proposal undergoes a rigorous, community -wide assessment before implementation. Transparency is guaranteed in all phases: From the first design to the last action on the chain.
Gateal: an emergency screen for smart contracts
Another important progress is “Gateal”, an emergency mechanism that is designed to stop critical smart contracts in the event of exploits, bugs or administrative attacks. This “emergency brake” can only be activated The approval of a committee (3 of the 6 quorum)Preventing a single actor from abusing his power. The duration was set on 11 days – enough time for the DAO to assess the situation, draw up a vote and act accordingly. Important components such as Withdrawals of users and validator outputs are protected, Minimizing the risk of unauthorized fund movements.
In addition, Lido has strengthened its internal activities by “Specialized Committees”. These groups are responsible for vital areas such as Validator management, Treasury supervision and reward distribution. Their decisions require multisig authorization and are registered on the chain for full public accountability. Even routine tasks benefit from this system, thanks to tools such as Easy Track, that streamline operations without sacrificing transparency.
While many Daos Struggling to find a balance between speed and decentralization, Lido Dao is building a system that protects the core values of the crypto space: Community-driven governance, resilience and safety. Looking ahead, one “Double management” is in the making – to take Lido’s decentralization – efforts even further.
