Last night, I was staring at the liquidation line until my eyelids were fighting, and I casually finished reading a DAO proposal. The more I looked at it, the more it seemed like a distribution chart for “who can take the steering wheel.” It’s superficially about incentives, growth, and ecosystem support, but basically it’s just packaging voting rights, budgets, and influence in a more attractive way: you support me, I give you rebates/authorization/seats, it’s all just part of the structure. Recently, the staking and shared security approach has been criticized as a “profit nesting doll,” and I feel it’s quite similar: the higher the stacking, the more someone at the top needs to call the shots. The group isn’t arguing either, just an atmosphere of “everyone understands but is too lazy to expose”… Now, before I vote, I only ask myself one question: who will find it harder to be liquidated in the end? I go with whoever.