Lately, I've been really into browsing DAO proposals. To be honest, many of them aren't about "whether to do it" but about redistributing the cake: how voting rights are divided, who gets the incentives, and who can push an agenda with a single sentence. On the surface, they seem to be about vision, but when you look closely at the attachments and budget sheets, the truth is exposed... I used to love saying "I only look on-chain," believing that fund flows are the most honest, but recently I've been proven wrong: on-chain, you can see who is buying votes and who is building positions early, but you can't see how mobilization happens in the chat or the personal debts of core contributors.

Additionally, with hardware wallets out of stock and phishing links everywhere, I’ve come to better understand the term "power structure": ultimately, security also becomes about who educates whom, who sends out links, and who is trusted by default. Anyway, when I review proposals now, I first look at how incentives are written, then at how permissions are managed. I no longer dare to focus on just one dimension.