We lost, but we also saw through it The voting is still ongoing, but the outcome is highly likely to be determined. Cakepie DAO， This battle should be lost. At the moment when you thought they were willing to communicate, the project team initiated a hasty governance proposal and made a final decision; Then a light and floating sentence fell, 'The compensation plan has been released,' putting an end to this top-down governance bullying. The community thought they were still in the game, but in reality, they had already been excluded from the table. After regaining consciousness, there was only a notice left: "The voting has begun, you must nod your heads now The saddest thing is never the so-called "compensation" of $1.5 million, but the entire process, the DAO governance mechanism, which exists in name only. Pancake knows who to talk to, but deliberately avoids the community. Binance could have handled this matter with more dignity, but chose the most direct and blatant way of manipulation. They are not wrong, they are just too efficient, more efficient than at any time in the past few years. CZ just joked on Twitter that "destruction is the most direct", so there were subjects who came to "follow orders to raid homes" and raid community homes. They quickly laid out, set the tone, cast votes, and closed the door in just one week before public opinion erupted and emotions were fully brewing. The applause given to them by CZ in the comments should have made them extremely excited. When the community was still fighting for communication rights, they were already making closing arguments. Arrogance is not in shouting, but in silence. After all, with the support of that man, what's the point of calling me arrogant or not. What is chilling is that these staunch supporters of the once "decentralized narrative" not only do not feel ashamed of it, but also see it as a show of "governance efficiency". After all, during the process, although you can speak up, I can pretend not to hear; Although you can protest, I only need one vote to bury you. The program is there, the DAO is there, but everything is the stage set they arranged. The so-called 'community governance' has become a self-directed and self acting murder mystery. This is not a failure, this is an insult. We have come to see clearly that individual investors are not real participants, but are arranged to play a role of "participation", and their struggles are ridiculous and powerless. We have seen clearly how power can openly package itself in the face of "decentralized governance" and then cleanly eliminate you. We are not afraid of bear markets or thunderstorms, but what we fear is that every vote cast by the community with enthusiasm is ultimately just a performance arranged by power. If even DAOs cannot support fairness, then the ideal of Web3 will ultimately be just another shell. If rules can be arbitrarily trampled upon as long as the outcome is good, then rules are no longer used to constrain the boundaries of the strong, but to decorate the facade of their victory, and all justice no longer exists. Never expect an institution/individual to be perfect, only hope that big people can be honest, only hope that big institutions can learn to respect the community; The community can accept failure, but please don't shame the belief in 'fairness' anymore. Trust is rarer than a bull market. Consensus is more precious than narrative. And fairness is the last fig leaf of this industry. Without it, there is nothing left.