The best thing about these are the rapid iterations towards something better for all participants. Many of these DAOs have components to them that people now u

The best thing about these are the rapid iterations towards something better for all participants. Many of these DAOs have components to them that people now understand werent good to participate in, and people are more discerning towards certain behaviors and features. For example, rebasing with high APYs should be for entertainment purposes only. But DAOs dont need that, and many just advertising liquidity bootstrapping events, without the rebasing component now. While the protocol-owned-liquidity desire and implementation stays. People find it much better to trade liquidity for discounted tokens, than to risk having an illiquid asset, or find it better than renting liquidity with farming. These evolutions occur in weeks and are immediately applicable each time.