I only remember one sentence when taking notes: When voting in a DAO, don't just look at slogans and "doing good for the community." First, check who is proposing and receiving continuous incentives, who can change parameters, and who has veto/execution rights—basically, the more detailed the power structure, the more it resembles a contract; recently, everyone has been comparing RWA, U.S. Treasury yields, and on-chain revenue, which makes me even more cautious. The more appealing the profit sounds, the more the underlying permissions and incentives tend to be "smarter." I, as an impulsive person, can only rely on rules to tie myself down: if I don't understand it, I won't invest or touch it.

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