Lately, governance feels a bit awkward again: it's said that delegated voting is supposed to make things easier for small investors, but in the end, only a few big accounts get to decide, and who exactly is the governance token "governing"… Sometimes it feels like a company meeting, where everyone hands their votes to the most vocal speaker, eventually turning into an oligarchic autopilot.

What's more annoying is that the labels on on-chain data tools are also criticized for being outdated or even misleading. I don't dare to fully trust the dashboards I see myself. There's just too much information, which makes me a bit anxious. My current filtering method is pretty crude: I only focus on two or three long-term addresses/protocols' actual actions (whether they keep adding or withdrawing funds, where the money is coming from and going to), then quickly compare with the original proposal text. I treat other lively chatter as noise for now, that's how I do it.