Tired. I just scanned a DAO proposal; I originally wanted to take a look at whether the re-voting permissions would be worth running away over, but the more I read, the more I got hooked.

The kind of incentive mechanism hidden in the proposal—basically—gets you to hand over your power, in exchange for some small, scattered rewards. If you compare US Treasury yields with on-chain yield products side by side, I looked at it and found that the on-chain setup is still more transparent: at least you can see who’s skimming and who’s treating you like a free mining machine.

I’m not chasing it, and I’m not over-leveraging either. For now, I’ve figured something out: DAO voting power, the longer you play, the more it turns into free labor for other people. I’m tired, but I’m still here.

That’s it for now—keep grinding.