Last night I went to check another DAO’s vote again. On the surface, it said “optimize treasury usage,” but when I opened the attachment it was all incentive design: how much subsidy goes to whoever makes a proposal, how much goes to whoever does the review, and how voting power is weighted. To put it plainly, it’s not “everyone governs together”—it’s more like handing power to a few permanent addresses, then using subsidies to lure people like you and me off the street to come click a “like”… Every time, I make sure to first see where the money is flowing and where signing permissions are sitting, so I don’t end up unknowingly endorsing someone else’s agenda. One more thing: lately, whenever there’s talk of a certain place raising taxes / tightening compliance, the sentiment in the group about deposits and withdrawals immediately turns cautious, and voting becomes even easier to get steered by “stabilizing narratives.” In any case, I’d rather cast two fewer votes now than have my votes arranged by the little accounting tricks hidden in proposals.

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
  • Pin