Everything is fine
summary
Claims that DAOs split into two paths — more centralized teams or deeper community control — get tested with real examples: Maker requires on‑chain votes even when a founder holds 8–9% supply; Curve runs revenue‑sharing governance and reports recurring millions (tweeted wins like $17M+ batches); Randall is a functioning randomness DAO used by Ethereum; Arbitrum’s first governance move nearly fails after a community rewind; Multichain/Phantom validator drama shows custody risks. Concrete fixes discussed include delegate markets, snapshot sampling and narrow “type‑one” DAOs.
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