Recently, I was pulled into governance voting again, claiming it's "community decision," but when I opened it, most of the votes were delegated to a few big accounts... Whether I vote or not with my small holdings, it feels like just giving a like. Delegation was originally for convenience, but it’s gradually turning into an accelerator for oligarchy: who controls the tokens? Honestly, it’s more about controlling liquidity and narratives; the real rules are still changeable by a few people. (I was complaining while still casting my delegation, too lazy to do otherwise.)

What’s even more awkward is that now, with privacy coins and coin-mixing, the community is splitting over compliance boundaries. Some proposals are clearly about "risk control," but once the wording changes, it feels like they’re forcing you to pick a side. Anyway, my current strategy is simple: if I can earn a little from small pools with stablecoins, I do; governance votes are a matter of luck. I don’t put all my hopes on the romantic idea of “everyone has one vote,” just sticking to this for now.