Just when I got a new comment criticizing "governance voting is just a formality," I wasn't surprised.


Honestly, once delegated voting comes out, it just turns into a few big accounts nodding at each other: you entrust your vote to him, then he re-sells it to negotiate terms, and who exactly does governance tokens really govern... hmm, probably those who want to keep a steady hand on the wheel.

What's more embarrassing is that everyone has been complaining about the on-chain sorting/MEV issues for a long time, retail investors want a "more fair" packing order, but no matter how beautiful the proposal is written, the validator's income and the interests of those few agents are tightly bound, and what gets voted in is still "maintain the status quo, optimize the wording."
I’m now too lazy to fantasize about changing the world with a small handful of votes; all I can do is not casually hand out my votes, better not to vote at all, since I still place my orders in positions others dare not, and the rest is just paying tuition.
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