#治理投票 The Uniswap Foundation's move is truly remarkable. In 2024, they allocated nearly $10 million in grants, then spent $4.8 million on employee compensation, with executives taking $3.87 million. In comparison, Optimism's $2.14 million cost leveraged over six times the funding, showing much higher efficiency. How can they still claim to be doing DAO governance? Community criticism is completely justified.

On the other hand, Maple Finance is much more comfortable. When they issued a single $500 million USDC loan, their lending scale hit a new all-time high. By 2025, their asset management scale skyrocketed from $500 million to over $5 billion, with total loans exceeding $8.5 billion. This is real work. They used a 25% buyback mechanism to reward holders, and the data speaks for itself—protocol revenue increased by 300%, which is true sustainable growth.

Comparing the two, one is debating salary ratios, while the other is expanding cross-chain products, integrating AI, and achieving an annualized return of $85 million. Which one is more worth following? The answer is obvious. DeFi lending is indeed heating up, but the key still lies in team execution and transparency. Maple's approach is nailed down perfectly.