High utilization rates in lending protocols mean investors may be unable to withdraw this collateral during a market crash.

Gaining veto power in Lido's new 'dual governance' model adds a layer of security and protection for stETH holders, which could increase trust in it as a core DeFi asset.

The 'Dual Governance' model significantly increases security for stETH holders by providing a veto mechanism against malicious proposals, making it a safer and more attractive asset for risk-averse investors.