Just looked at a DAO proposal, on the surface it’s “optimizing incentives,” but flipping through the attachments I found that the reward weights are all given to a small circle. Basically, it’s turning voting into a budget allocation meeting… As someone who’s just a liquidity intern stepping back, I find it both funny and infuriating: everyone’s arguing loudly, but the real power structure is written in those few lines of parameters. Recently, there’s been a bunch of AI Agents/auto-trading accounts shouting about “the future of on-chain automation,” but the proposal only briefly mentions security audits, while the permissions are granted very broadly. Anyway, I now always check before voting who can change the rules at any time, who holds the execution power, because if you think you’re governing, you’re actually just working for someone else.