I just reviewed a DAO voting proposal, and the more I look at it, the more it seems like a rehearsal for "who takes the keys, who distributes the tokens"... On the surface, it claims to increase participation, but upon closer inspection, the incentives all flow to the same addresses, and the power structure is easily solidified. To put it plainly, you're voting on the rules, not slogans. Recently, developers are excited about modularization and the DAO layer, while ordinary users are confused. I'm about the same: no matter how new the terminology is, in the end, it still comes down to who can change parameters and who can decide the budget. Before I vote now, I first look at the allocation table and execution permissions—don't be lulled to sleep by the words "community consensus." That's how I approach it for now.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments