I'm not a technical expert, just someone who lost a couple thousand bucks of expendable high-risk gambling money yesterday and wanted to dive deep to see why.

I'm not a technical expert, just someone who lost a couple thousand bucks of expendable high-risk gambling money yesterday and wanted to dive deep to see why. >So what happens after that 24 hours? The way you've described it here, it sounds like there's an up/down voting system after the cooldown period to either confirm or block the proposed measure, but it's not clear to me how that works. Who has control over that final decision? Anyone with at least 0.15% (IIRC) of voting power could propose a measure, at which point it would show up on the web app frontend with every LP token holder's vote defaulting to "No". It would have to accrue "Yes" votes from holders of >50% of LP tokens within a certain time period to pass. Alternatively, holders of >2/3rds of LP token could force pass a measure immediately, though this wasn't implemented on the web app frontend. But each of these was subject to a 24 hour period -- no measure that hadn't been proposed at least 24 hours ago could pass, even by supermajority.