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Recently, I was looking at a DAO voting proposal, which superficially states "increase participation."
I first checked how the incentives are distributed: whether based on voting weight, number of addresses, or only to delegates.
Basically, changing the reward criteria shifts the power structure—who is more likely to get subsidies, who is more willing to act as an agent, who can recruit people to sign—these can all be seen in the proposal.
I also took a quick look at the contract call chain and authorization records; some addresses revoke authorization right after voting, as if they are just temporarily doing the work.
Recently, the community has been circulating rumors about stablecoin regulation, reserve audits, and de-pegging, and everyone tends to take sides as soon as emotions run high.
But I still trust the few genuine transfers and notes in the voting contract more.
For now, I’ll keep looking for evidence.