Has been in the making for a long time, it’s complex to implement and yet it’s extremely simple to understand:
- signal your disagreement.
- if enough disagreement is shown (first seal), timelock increases so others can disagree as well.
- if more disagreement is signaled (second seal), timelock is permanent until all those who disagree have exited so they are not affected by the governance change.
- After everyone that disagrees leaves, governance can proceed.
Good job guys, can’t wait to see it implemented to protect Ethereum, stETH holders, and keep LDO holders and delegates in check.