Recently looked at several DAO proposals, on the surface saying "accelerate the ecosystem," but in reality, it's about redistributing who can receive incentives and who has voting rights. When new L1/L2 projects launch activities to pull in TVL, old users complain about mining, yield farming, and selling; I can really empathize: everyone wants the data to look good, but in the end, it becomes whoever runs faster makes money.



I originally thought voting was just "the majority rules," but later realized it's more about "whose token structure is more suitable to decide." For example, rewards are given to liquidity providers, sounding fair, but actually diluting the participation sense of long-term users; plus, with more proxy voting, a proposal with a phrase like "adjustable parameters" can consolidate power toward a minority. Anyway, when I see proposals with high incentives and broad permissions, I tend to hold back and observe, preferring to eat less rather than be caught off guard by rule changes.
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