Recently, I've been a bit obsessed with DAO proposals. To be honest, many of them aren't about debating "right or wrong," but about rearranging who can receive incentives and whose votes are more valuable. On the surface, it seems ideal, but changing parameters below—such as voting weight, delegation entry points, or reward distribution pace—can push people in a certain direction. In the end, it feels like governance, but it's really about organizational design.

These days, everyone is comparing RWA, US bond yields, and on-chain yield products. I'm actually more concerned about: where the returns come from is one thing, but who sets the rules and how easy it is to change those rules is even more critical.
By the way, I joked that my partner saw me staring at the voting page and said, "Are you watching an election or trading crypto?"… I don't know either. Anyway, I should just focus on those few lines of incentive clauses in the proposal.