Recently looked at several DAO proposals, all seemingly about "optimizing processes" and "enhancing participation," but upon scrolling down the attachments, I realized the real drama lies in the incentives: how voting power is distributed, who can propose, who gets the budget, who acts as the "executor." Basically, it's about embedding the power structure into parameters, and conveniently making opposition votes more expensive (either in time cost or reputation cost). Many people only look at the voting results, but I prefer to see who is designed to be the default winner.
By the way, on-chain
View Original