Every time I look at DAO voting proposals, I first ask "Who benefits." No matter how noble it sounds, a change in incentives always leads to a shift in power structure: either concentrate voting rights in the hands of a few, or suppress opposition voices with subsidies. To put it plainly, it's not governance, but an update to the way the spoils are divided.

Recently, everyone has been watching staking unlocks and unlock schedules, anxiously worrying about selling pressure every day. I think unlocks are just noise; the real signal is: whether the proposal has fixed who can continuously earn rewards / who can decide the rewards. Once this is set, it's harder to change than selling pressure.