That’s the crux of the DAO’s impending demise. And it’s all rooted in the mere fact that unlike in the real world, there are NO consequences for failure. People get voted in, do their term - with or without any sort of performance metric or consequence - and then leave. And our AIP-277 failure is the test that’s indicative of the flaw as I detailed in my synopsis.
The DAO leadership is nothing like a corp that some claim it to be. It’s a political org that has all the trimmings of lobbying, politics, special interest groups, grifters (!) - the works. Politicians get voted in, and they’re stuck there until their term ends and the new guy - same as the old guy - gets slotted in. And this is precisely how the founders set it up to be. It had nothing to do with being a grants DAO. That, in my opinion, was just a cover to stave off regulators who were already sabre rattling around the time that the token, and consequently the DAO, were created.
To be clear, since I have been here, I think the current crop of leadership are giving it their best shot, but are still hamstrung by the iherent legacy mechanics of how the DAO is setup to run because nobody wants to rock the boat.