Recently looked at several DAO proposals, on the surface they say "optimize incentives," but opening the details reveals they're actually shifting power: who can propose, who can veto, how voting power is amplified, and conveniently sending rewards to "designated contributors." To put it plainly, it's not that they can't give money, but they need to clarify the power structure; otherwise, it's just using incentives as a shield. The same goes for modularization/DA this time—developers are talking excitedly, ordinary users only see "another layer of trust," and when something really goes wrong, they still come to ask me why cross-chain is stuck... My partner is more direct: after voting for a long time, who actually makes the decision? I was silent on the spot. Anyway, now I look at proposals first by checking three things: where the money flows, who holds the keys, and whether opposition votes are effective. That's it for now.

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