Does Lido's Dual Governance Now Make It the Safest Place to Stake ETH? - Ep. 860

Bullish

• $LIDO— Lido's new dual governance system significantly enhances security and attractiveness to users, potentially making it more appealing to institutions and solving key dilemmas in staking protocols.

  • “I think for Lido in particular, it just means that Lido, even though it's an upgradable smart contract system, you know, it it almost has the security of an immutable system in the sense that, you know, good proposals can pass, but bad proposals are now extremely unlikely to pass.”

    Hasu·1:02Hear it

  • “And dual governance basically removes this dilemma. Right? It just removes it. So you had to choose between maximum security or liquidity, and now you can have both.”

    Hasu·17:38Hear it

  • “I think from a protocol perspective for our users, it's a really big upgrade. And second, I think that this, you know, dual governance is is not just a feature. I think it's a principle.”

    Hasu·18:20Hear it
• $CYBERSEC— The increasing trend of cyber attacks emphasizes the growing importance of security and governance risk communication in the crypto space.

  • “The other trend that is, I think, will put higher emphasis on security and governance risk communication matters is just that cyber, attacks are trending higher every year, like, more and more and more harm is done by them.”

    Vasily·21:12Hear it

Not investment advice.