Crypto Stories You Rarely Hear #6 In 2021, a DAO vote was decided by a single wallet that had quietly accumulated tokens across dozens of addresses over months. When the proposal passed, on-chain analysts realized the “community decision” was effectively made by one anonymous actor playing by the rules—but against the spirit of decentralization. The DAO couldn’t reverse the vote without breaking its own governance principles, and the incident sparked a silent shift: many protocols rewrote their voting systems, quietly admitting that decentralization is as much social design as it is code.