1
Reduction of Lido’s centralization through governance changes.
2
Staking rewards model altered to direct portion to LDO, benefiting token utility.
3
Shapella milestone for Lido, strengthening position as leading staking protocol.
Lido Finance’s Eth staking protocol underwent a major upgrade called Shapella in January 2023. This resulted in Lido’s decentralization, security, and staking rewards distribution.
Maintaining the Majority of Rewards for stETH Holders
The most significant governance change under Shapella was reducing the veto power previously held by the Lido DAO Agent multisig. Critical parameters can now only be changed through a regular DAO proposal process with no special veto rights. This decentralizes decision-making and reduces reliance on a central authority.
Moreover, the protocols are guided by the Memorandum of Understanding that financially rewards whistleblowers who report bugs or vulnerabilities. This ince
We współpracy z: https://www.thecoinrepublic.com/2023/08/13/the-shapella-upgrade-lidos-decentralization-and-rewards/
