Recently, I've been looking at DAO voting proposals again, and the more I read, the more I feel it's not really "everyone deciding together," but more like whoever writes the incentives conveniently and hides the power structure nicely. Many proposals seem to aim at increasing returns and pulling in TVL on the surface, but in the details, they include voting rights delegation, treasury spending permissions, emergency pause switches, and the like. Only after you give a thumbs-up do you realize the keys have been handed over to someone else... My current approach is basically: first see where the money is flowing, who can change the rules, and who can perform a one-click upgrade. The recent criticism of the "yield stacking" method in pledge/sharing security setups is not without reason; while the returns look attractive, the risks and control rights also stack up. Anyway, before I vote, I usually take screenshots of the key sections as a little meme, so I have some evidence in case of future disputes.