Recently, I've been a bit obsessed with translating DAO proposals. To be honest, many votes are less about "whether to do it" and more about "who gets the keys, who can keep getting the rewards." Some reward descriptions are very flashy, offering you incentives during the voting period, but once it's over, they start consolidating power into a certain committee/multisig, or raising the threshold so only big players can vote; on the surface, it's governance, but underneath, it's actually tying voting rights to cash flow. Especially those "temporary measures" or "transitional plans," I tend to scrutinize more now: temporary things are often the easiest to turn permanent.

In the past couple of days, during the main public chain upgrade, people in the group have been guessing whether projects will migrate. I actually think whether they migrate or not depends less on technology and more on who’s incentives still matter after the migration, and whether the original governance seats need to be reshuffled. Anyway, I always check my cold wallet authorization before voting—no matter how well-written the proposal is, I don’t want to leave myself a trap. That’s all for now.