Discover and read the best of Twitter Threads about #dual

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1/15
Last month there was an interesting DAO proposal on @LidoFinance by @_skozin. The crux of the proposal argues for introducing a Dual Governance scheme, in which $stETH holders will also be granted governing power in addition to $LDO holders.
michaellwy.substack.com/p/ambition-mad…
2/15
In my latest blog, I explore how the Dual Governance scheme resembles the structure of a #bicameral legislature (with specific reference to the U.S. Congress) and inherits the spirit of check and balance to address moral hazards.
3/15
Many parallels between #dual #governance and #bicameralism can be observed: both seek to mitigate the principal-agent problem through better alignment of interests and both seek to limit the power of the governing body by introducing elements of checks and balances.
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