Lately, I've been feeling a bit guilty about governance voting: a bunch of people delegate their votes to others, just to save trouble, but as they delegate more, it starts to look more like an oligarch club... They call it "community governance," but in the end, it might just be a few big accounts deciding the parameters, with retail investors only responsible for liking and taking the blame. Honestly, who does governance tokens really govern? Maybe they govern those of us who don't have time to watch closely.



These past few days, meme and celebrity shout-outs have caused another round of attention shifts. I truly agree with veteran players advising newcomers not to take the last step; the same pattern appears in governance: when hype rises, everyone casually hands over their votes, and in a few weeks, who even remembers what they voted for initially?

I'll first review the delegate addresses and authorizations for common protocols, revoke some that can be revoked, to at least feel more at ease.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin