I looked at the DAO proposal—the distribution of voting power is pretty interesting. On the surface, it’s one person, one vote, but in practice, a few big votes from the core committee hold the key nodes. It’s kind of like racing for MEV—first come, first served; just get in line. The incentives hidden in the proposal, like the airdrop design and voting discounts, are really about shaping who will actively jump on board and who will only watch. With recent talk of stricter taxes, psychologically people are more inclined to lock funds up and not move them when it comes to deposits and withdrawals, so voter turnout is probably going to dip a bit. But those who are calculating their moves in the queue may end up scooping up more at a lower price. Anyway, the power structure is written into the proposal’s revenue distribution—so for now, that’s it.