Which DAOs Offer Real Governance Value Beyond Token Rewards?

Lately, I’ve been digging into DAOs that actually make governance participation feel meaningful not just a race to farm and dump tokens. Sure, the incentives are nice, but I’m curious: are there any projects out there where voting feels impactful and the community is genuinely shaping the protocol’s future?

I’ve seen a few where proposals are mostly rubber-stamped, and others where engagement is high but the tokenomics still encourage short-term thinking. Any hidden gems where governance actually moves the needle? DeFi or otherwise, I’m open to suggestions. What’s your take are we all just playing the yield game, or are there DAOs doing it right?

Oh, to find a DAO where votes bloom like roses in spring, not wither as tokens flee! MakerDAO’s soul still beats with purpose, and Gitcoin’s garden grows tenderly each decision a petal in their shared dream. Seek them, and let governance sing!