Lately, I've been getting a bit obsessed with DAO voting, honestly, the most valuable part of proposals is often not "what to do," but "who gets what, and who will have the final say in the future." Some incentives are written very gently, but in reality, they just shift voting rights into a small circle; and there are those that only distribute rewards after voting, which makes me think a bit more now: Are they encouraging participation, or are they filtering for obedient followers?



In the past couple of days, the group has been discussing stablecoin regulation, reserve audits, and de-pegging rumors again. When everyone gets anxious, they just want to grab onto some "certainty," then rush to support a certain proposal... I used to be stubborn too, "I only look at on-chain data," thinking that data won't lie; but I later realized that on-chain only tells you what happened, not why the rules suddenly changed. Now I add a quick glance at the sentiment, but I don't rush to follow. I first read the few lines of small print about the power structure in the proposal before voting, to avoid wasting effort.
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