I reviewed a DAO proposal yesterday, and on the surface, it was written to "benefit the ecosystem." But looking closely at the incentive design, it’s a bit interesting: voting rights are tightly bound to rewards, which ultimately makes it easier for a few people or certain addresses to keep controlling the vote. To put it simply, everyone thinks they’re choosing a direction, but in reality, they’re just rubber-stamping the power structure... Now, whenever I see phrases like "vote to receive subsidies," I first raise a question mark. When I pull up on-chain labels and see the same group of wallets voting back and forth, I feel even more discouraged.

By the way, I want to vent about the recent Layer 2 projects arguing over TPS, fees, and subsidies—it's quite similar. The loudest voices aren’t necessarily the most technically advanced; they might just be the best at writing incentives. Anyway, my strategy remains the same: if I see something abnormal, I withdraw first and ask questions later. Once the emotions settle, I decide whether to participate or not.