Recently, discussing DAO proposals has been a bit frustrating, claiming it's about "alignment of incentives," but upon closer inspection, it's really about who gets to decide: the side receiving voting rewards often conveniently packages in delegation, thresholds, and execution permissions.

People are still arguing externally about ETF capital flows, and how U.S. stock market risk appetite changes cause coins to rise and fall; I’m actually more worried about this internal stuff—things like "slowly turning the steering wheel away."
Yesterday, I checked on-chain and saw that a new address delegated voting rights to the same proxy within half an hour, voted, then withdrew, doing it like a task...
Now, before I vote, I first look at who is collecting incentives and who can execute with one click; I’d rather vote less than blindly hand over power.