Looking at DAO voting proposals, my first reaction isn't "vision," but "who holds the keys, who gets the benefits." Many are written in a fancy way; the incentive part is actually the main point: who receives subsidies, how are the thresholds set, whether voting rights are secretly made into a structure where "even with foot voting, you have to kneel"... Basically, it's a redistribution of power, just packaged as "community consensus." Recently, the modular/DA layer has excited developers, but the user side is still confused: you can stack narratives, but don't hide risks in parameters. Last night, I also saw an on-chain operation where, after voting, an address immediately claimed tokens from the reward contract, swapped them for stablecoins, and casually pushed gas to 40 gwei... Well, idealistic voting, pragmatic settlement. Anyway, when I look at proposals now, I first flip to the last three pages: who can exit, who cannot, who is locked, and who can withdraw at any time.

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