Lately, looking at DAO voting proposals has been a bit annoying… On the surface, it says “boost participation,” but once you get to the appendix, you see the incentives are only for certain types of addresses/specific roles—signatures are required to claim them. In plain terms, it’s tying votes and rewards (the “treat”) together, and on top of that raising the threshold to wield power. And those kinds of “temporary multi-signature / emergency committee” setups are written to sound very reasonable, but since the deadline isn’t fixed, they end up becoming permanent.

Now Layer2 projects are also going at each other over TPS, fees, and ecosystem subsidies—basically throwing subsidies around to draw people in, which makes governance even easier to steer with “whoever gets the subsidies gets to call the shots.” Anyway, before I vote, I check first: who proposed the thing, who benefits from it, and what execution permissions are granted—don’t just look at the title.

I’m going to revoke the permissions for a few older projects in my wallet first, so I don’t get “governed” again by accident someday.