Looking at DAO proposals, my first glance isn't at the slogans, but at how the incentives are distributed, who can receive them, and for how long. Many are written with "public interest" in mind, but upon closer inspection, they actually tighten voting power towards a few addresses: raising the delegation threshold, rewarding only active voting wallets, or using vague criteria like "contribution" that are hard to verify. To put it simply, incentives are just the lubricant of the power structure.



Recently, the testnet incentives and points system are the same; everyone is guessing whether the mainnet will issue tokens, but I'm more concerned with the probability: if the proposal links points to governance, subsequent voting can easily be driven by expected returns, which would lower the quality of discussion. I personally keep two diagrams in mind: the distribution of voting participation and the flow of incentives, for now, that's all.
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