Today I flipped through a DAO proposal. On the surface it says “optimize incentives,” but the more I read, the more it looks like a quiet reshuffling of the chairs: who can submit a proposal, who can vote, and after the vote, who gets the ongoing “sugar.” The power structure is all tucked away in those small-print details. Sometimes the shadow is more honest than the body—and proposals are like that too.

I’ve also been pretty tired of the NFT royalty back-and-forth lately. One side says they want to take care of creators, while the other worries that secondary liquidity will get stuck. In plain terms, it’s the same issue: where the money flows, that’s where the say-so stands.

If I had taken more seriously those sections about “delegation/thresholds/retroactive distribution” back then, I probably wouldn’t have thought I was participating in governance—turns out I was just helping someone else reach the voting turnout. Anyway, take it slow. Sleep on it once more before voting; that’s more reliable than staring at two extra metrics.