I just finished washing my cup and opened the governance page, only to realize I’m the kind of person who only starts seriously reading proposals in the last 24 hours... Honestly, many proposals seem to be just tweaking parameters on the surface, but fundamentally they are about changing incentives: who gets subsidies, who can submit proposals, whose votes are more valuable. The more I look, the more I feel that the power structure is hidden in these small words; the softer they read, the more cautious we should be.

Recently, the group has been arguing about privacy coins/mixing and compliance boundaries, to the point that it feels like a faction showdown. But when I review proposals, I care more about: will this kind of “compliance” push certain people out and keep others at the table? If the end result makes it easier for a minority to operate, that’s the most tangible consequence. Anyway, I’ll read the terms first before voting—if I’m slow, so be it. Better to take my time than to vote and realize I’ve given others additional permissions.