LDO的下一階段進化：雙重治理機制

領先的以太坊液體蒸發平台Lido發布了其雙重治理機制的提案，這將是該協議演變的下一階段。

Lido, the leading Ethereum liquid staking platform, has released the proposal for its Dual Governance mechanism, which is meant to be the next phase in the evolution of the protocol.

領先的以太坊液體放電平台Lido已發布了其雙重治理機制的提案，這將是協議演變的下一階段。

Lido DAO contributors published an outline proposal on May 8, describing it as work that has been "years in the making."

Lido Dao的貢獻者於5月8日發布了一項概述提案，稱其為“製作多年”的作品。

According to the post announcing the proposal, Dual Governance is a dynamic mechanism that allows staked ETH (stETH) holders on Lido to be involved in the governance of the Lido ecosystem.

根據宣布該提案的帖子，雙重治理是一種動態機制，它使Lido上的固定ETH（Steth）持有人能夠參與Lido生態系統的治理。

The Lido DAO is responsible for the governance of the Lido ecosystem, meaning only those who hold the native LDO tokens can vote on any changes to the protocol. This has disenfranchised ETH stakers who, despite being crucial to the protocol, do not have a say in the decisions that may also affect them.

Lido Dao負責Lido生態系統的治理，這意味著只有那些持有本地LDO令牌的人才能對協議的任何更改進行投票。這使Eth Stakers剝奪了權利，儘管對協議至關重要，但在決策中沒有發言權也可能影響他們。

Dual Governance will change that by allowing stETH holders to actively voice their dissent to any motion DAO governance on Lido that they are unsatisfied with. In such situations, the new mechanism allows them to use the threat of withdrawing their stETH tokens from Lido as a bargaining chip to get the Lido DAO to reconsider decisions.

雙重治理將通過允許斯特斯持有者積極表達對自己不滿意的利多（Lido）的任何動議的持不同意見來改變這一點。在這種情況下，新的機制使他們能夠利用從利多（Lido）撤回其steth象徵的威脅，作為談判芯片，以使lido dao重新考慮決定。

The protocol describes the proposed governance model as a way to "de-escalate conflicts between the protocol stakeholders."

該協議將提出的治理模型描述為“協議利益相關者之間的升級衝突”的一種方式。

Works on the proposal have been ongoing since as far back as 2022, with Lido lead developer at the time, Sam Kozin, noting that the dual governance process is all about aligning incentives between all participants.

自2022年以來，該提案的作品就一直在進行，當時的Lido首席開發人員Sam Kozin指出，雙重治理過程全都是關於使所有參與者之間的激勵措施保持一致。

Lido Dual Governance mechanism explained

Lido雙重治理機制解釋了

Meanwhile, the Dual Governance Proposal, known officially as Lido Improvement Proposal (LIP) 28, explains how it will work in detail.

同時，雙重治理提案正式稱為裡多（Lido）改進提案（LIP）28，解釋了它將如何詳細工作。

According to the post, the model introduces a timelock contract between Lid DAO governance motions and execution with the timelock connected to an escrow.

根據該帖子，該模型引入了蓋子dao治理動議與執行與託管連接的時間索的執行之間的時間脈衝合同。

When there is a motion that the stETH holders do not support, they can communicate their intention to exit the protocol by depositing their stETH, wstETH, and stETH withdrawal NFTs into a specific escrow contract.

如果有一項動議，即斯特斯持有人不支持的動議，他們可以通過將他們的steth，wsteth和steth撤回NFTS納入特定的託管合同來傳達其打算退出協議的意圖。

If the funds deposited in the contract reach a first threshold, the duration of the timelock will start growing proportionally to the amount deposited.

如果合同中存入的資金達到了一個閾值，則時間段的持續時間將與存入金額成比例地增長。

Once the locked funds reach the second threshold, the rage quit mechanism is triggered, which blocks the execution of any motion under Dual Governance until the stakers withdraw their stETH into ETH.

一旦鎖定資金達到第二個閾值，就會觸發憤怒的機制，這會阻止雙重治理下的任何動議的執行，直到Stakers將其Steth撤回ETH為止。

For the first threshold, Lido DAO has proposed to be 1% of the Lido total value locked (TVL) on Ethereum, while the second threshold is currently set at 10% of Lido on Ethereum TVL.

對於第一個閾值，Lido Dao提議在以太坊上鎖定Lido總價值（TVL）的1％，而第二個閾值目前設置為以太坊TVL的Lido的10％。

The proposal also includes parameters such as minimum or maximum hours or days required before any step would be taken. For example, a proposal held in Dual Governance must be there for a minimum of 3 days before execution, while the minimum duration of the dynamic timelock is 5 days as long so far the shares of stETH locked are higher than the first threshold.

該提案還包括參數，例如要採取任何步驟之前所需的最小或最高小時或天數。例如，雙重治理中持有的一項提案必須在執行前至少3天，而動態時間的最小持續時間為5天，到目前為止，洛克（Steth）鎖定的股票高於第一個門檻。

Ethereum stakeholders praise Lido’s proposal as LDO sees a rise in value

以太坊利益相關者讚揚利多的提議，因為LDO認為有價值

Many in the Ethereum community have praised the proposal, which they believe represents a great step for both Lido and Ethereum by mitigating governance risks for the protocol on Ethereum.

以太坊社區中的許多人都讚揚了這一提議，他們認為這是利多爾和以太坊的重要一步，它通過減輕以太坊方案的治理風險。

Lido is the second biggest DeFi protocol on Ethereum, with $21.48 billion in TVL, mostly on Ethereum.

利多（Lido）是以太坊的第二大defi協議，其TVL為214.8億美元，主要是以太坊。

According to Flashbots strategy lead Hasu, this proposal is the most important Lido upgrade ever.

根據FlashBots策略負責人Hasu的說法，該提案是有史以來最重要的Lido升級。

Ethereum developer Tim Beiko also congratulated the Lido Team on the proposal, even though the date for implementation remains unknown.

以太坊開發人員蒂姆·貝科（Tim Beiko）也祝賀利多（Lido）團隊提出了該提案，即使實施日期尚不清楚。

With Lido set for an upgrade, its native token, LDO, has also seen massively positive performance in the last seven days with over 19% gains. It is up 8.66% in the last 24 hours and trades at $1.02. However, it remains down 43.31% year-to-date.

隨著Lido進行升級，其本地令牌LDO在過去的七天中也表現出色，增長超過19％。在過去的24小時內增長了8.66％，交易價格為1.02美元。但是，它至今仍下降了43.31％。