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Recently, I saw projects calling on everyone to "delegate voting to save trouble," basically meaning you hand over your votes, and then who exactly is being governed by the governance tokens... Sometimes I really doubt it, in the end it's just a few big players/institutions holding meetings, while retail investors are only responsible for serving as a "public opinion backdrop." Now I always take screenshots of those voting pages, so I can compare later what promises were made, to avoid forgetting in the heat of the moment.
The collapse logic of that kind of blockchain game is also quite similar: maximum inflation, studios turning into coin-producing machines as soon as they enter, coin prices spiraling, and so-called "community governance" falling silent. Anyway, I prefer to participate less rather than ignore the risks altogether. Governance is fine, but don’t use "decentralization" as a shield.