Recently, I reviewed a few more DAO proposals. To be honest, many votes are not about "whether to do it" but about "who gets the budget and who makes the final decision." The incentives are well written: participation earns some small tokens, delegation increases weight, but the actual power structure is in the attachment—signing permissions, multi-signature members of the treasury, emergency pause buttons—these are often more critical than the main text. My regret isn't the outcome, but that in the past I only looked at whether the vote passed or not, without seeing who was at the table. Recently, a certain region is again discussing tax increases and tighter compliance. As the inflow and outflow expectations change, everyone prefers to band together for "security," making the little power within DAOs even more valuable... Anyway, I’ll just be a slow-moving observer for now, avoiding impulsiveness.