Recently, reviewing DAO proposals is a bit like looking at liquidation charts: on the surface, it's "for a better ecosystem," but underneath, everyone is actually leveraging to grab the steering wheel. The incentives are written very nicely, but who holds the keys, who can change parameters, who can allocate budgets—these are the core issues. Honestly, the power structure is much more honest than the slogans. Now it's popular to compare RWA, US bond yields, and on-chain yield products all together. I can't help but laugh when I see this: where do the yields come from, who bears the bottom line, who ultimately takes the blame? Anything not clearly written in the proposal ends up being wrapped into "community consensus." There are many tutorials, but I actually prefer those that break down voting rights, delegation, and conflicts of interest. Otherwise, I might accidentally click "like" out of habit and later realize I took the wrong side... Anyway, don’t get too caught up.