Recently, looking at governance proposals, I’ve been a bit stuck... A bunch of people delegate their votes to "major stakeholders," which is convenient but essentially means that a few addresses are making decisions for everyone. Who does the governance token really govern? Actually, it’s still the ordinary people: if you want to oppose, you don’t have the energy to monitor every proposal, so in the end, you can only delegate and hope they don’t go off course.

Anyway, my current rules are similar to trading: I’d rather not vote on proposals I don’t understand than randomly delegate. Recently, the funding rate has been extreme again, and in the group, people are arguing whether to reverse or keep squeezing the bubble. Listening to it, it sounds like that kind of "everyone’s expressing opinions but no one’s taking responsibility" situation in governance. It’s lively, but responsibility is completely diluted. It’s quite powerless, but at least I align my own rights and risks first.