I just turned off the market dashboard and decided to focus on DAO proposals for a while, but the more I look at it, the more it seems like the "funding rate" system—basically, it's all about incentives pulling in different directions. Many votes appear to discuss technical routes on the surface, but underneath, it's really about decentralization: who can propose, who can change parameters, who receives subsidies, who has veto power… If these aren't clearly defined, it ultimately becomes a situation where a minority defaults to steering the ship, while others just watch, thinking they're governing. Recently, the modularization/DA layer narrative has hyped up developers, leaving users confused—actually, it's the same: the more complex the rules, the higher the participation barrier, and the easier it is for power to concentrate. Anyway, my first glance at proposals now isn't about the "vision," but about where the money comes from, how voting rights are distributed, and whether incentives will lead people astray; if something feels off, I quickly withdraw and don't force it.

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