Over the weekend, I came across a DAO proposal for a certain protocol. On the surface, it says "optimizing incentives," but basically, it's about consolidating voting power into the hands of a few: adjusting delegation thresholds, reward distribution conditions, even the timing of voting snapshots. Everyone's watching the staking unlocks and token release schedules, shouting about selling pressure, but I'm more worried about these "slow rule changes." They don't cause much short-term volatility, but in the long run, people get trapped in the structure. Anyway, now I look at proposals first to see who benefits and who is more likely to be marginalized. If I don't understand it, I don't vote—just like that for now.

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