Lately, I’ve been getting a bit too absorbed in DAO voting proposals. To put it plainly, a lot of them aren’t really about discussing “whether to do it”—they’re about reshuffling the cake: who gets the incentives, who has veto power, and who can get their proposals in more easily down the line. The more softly the text is worded, the more I want to flip through the contracts and parameters—especially things like “temporary incentives” and “transitional permissions,” which transition, transition, and somehow end up becoming permanent… For now, I basically run a script first to link up historical voting addresses with the beneficiary wallets, and then decide whether to get involved.



On a side note, the group has been arguing fiercely again about privacy coins/mixers and the boundaries of compliance. It’s basically the same flavor as DAOs: on the surface, it’s talk about values, but underneath, it still comes down to the power structure and who ends up bearing the costs. Anyway, I’ll start by figuring out exactly where the incentives land, and be more suspicious before voting—so I don’t end up blaming myself later.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned