Recently, I looked at several DAO voting proposals, which on the surface said "optimize incentives" and "increase participation," but after reading the attachments, I found that who gets the rewards, who can propose, and who can veto—all of that was casually changed... Basically, it's just rearranging the power structure.

Later, I thought about it and found it quite funny—everyone argues about governance ideals, but in the end, the most solid thing is still the flow of incentives.
Now I don't look at the slogans first when I see proposals; I focus on three things: whether voting power is becoming more concentrated, how the treasury funds are being spent, and whether there are clauses like "temporary authorization for one year" (which usually becomes permanent).
On the macro side, they're talking about easing expectations, the dollar index, and risk assets rising and falling together.
I'm actually more afraid that during times like these, people get emotional and just click "vote" casually...
Anyway, I’d rather earn less than hand over the keys.
That's all for now.