Today I reviewed another DAO proposal, which on the surface says "Encourage everyone to participate," but in reality it’s about shifting voting power toward a few addresses: either raising the delegation threshold or only awarding rewards to those who "lock up long-term." Basically, who gets the rewards ultimately determines who has more influence; the power structure is quite deeply hidden.

Recently, I’ve also seen news about some places increasing taxes and tightening regulations, then loosening them again. It feels like everyone’s expectations for deposits and withdrawals immediately become more cautious, and voting also becomes more cautious—doing as little as possible... I’m the same way; my wallet is divided into many parts, but I always look twice before signing anything, afraid of accidentally paving the way for others.

Staring at these terms for a long time makes my eyes sore, and my neck feels a bit stiff, so I’ll take a break first.