Does DAO voting really mean "the community makes the decisions"?


Honestly, when I look at proposals now, I first see who gets incentives, who can gain execution rights, and then I look at the flowery words. Many voting designs are like handing out candy, but who gets the candy, how long they can hold it, and whether they can transfer it ultimately determine who is willing to support and who can keep rallying votes. Recently, after another cross-chain bridge was hacked, everyone is shouting "decentralization is safer," but in practice, people are still quietly choosing to wait for confirmations, multi-signatures, and oracles to behave themselves... This kind of "waiting" consensus actually reflects the underlying power structure: who takes the blame if something goes wrong, who has the pause button. Anyway, before I vote, I keep a close eye on incentive terms as if they were arbitrage opportunities. If a proposal doesn't incorporate human nature into the contract, I usually just pretend I didn't see it.
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