Just turned on my phone and a bunch of red dots popped up: the group is again circulating "a certain stablecoin is going to de-peg" "regulators are about to take strong action," accompanied by some blurry screenshots, making people both curious and anxious. First, let me say something unpleasant: instead of fixating on whether it will de-peg or not, you should first look at who your DAO proposals are actually feeding.



Many proposals are written like "community benefits," but in reality, they are just pushing incentives to that small group of people who can propose or vote: rewards are sent to voting addresses, delegates take kickbacks, a single parameter change can revoke permissions back to multi-signature. To put it plainly, you think you're participating in governance, but you're actually just stamping approval for others. Don’t just look at "subsidies" or "adding liquidity"; scroll to the end: who can change the rules, who can pause, who can take the treasury. If you don’t understand, then vote less, or simply not at all; survival is more important than a sense of "participation."
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