Looking at DAO proposals, my first thought isn't "vision" but "who gets the key." Many are written quite gently: offering some incentives, providing subsidies, increasing participation... Basically, it's about shifting voting rights/voice to a small circle, and using rewards to coax everyone into liking it. Especially those "delegated voting + long-term locked staking" proposals, which sound like governance upgrades but can easily turn into a few people deciding together, with others just serving as background.



Recently, I've been discussing interest rate cut expectations, the US dollar index, and the scenario where risk assets rise and fall together. I'm actually more cautious now: when emotions heat up, proposals are more likely to be passed with a "everyone probably agrees anyway." Just a reminder, don't click on unfamiliar links before voting, and I curse those signing pop-ups asking for authorization.

I'm planning to analyze the fund flow and voting delegation addresses of a recent proposal first. That's all for now.
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