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Lately, I've been watching governance votes on several projects, and the more I look, the more uncomfortable I feel: they say it's "community decision-making," but in reality, a bunch of people are delegating their votes to a few whales/institutions, and in the end, it’s like replacing the board of directors... Who exactly is the governance token governing? It doesn’t seem like it’s governing me, anyway.
Many people are too lazy to vote, which is normal; with a bunch of wallet interactions, one wrong click can blow your mind.
Now, AI Agents are popular for automatically voting, trading, and on-chain operations. The narrative is pretty hyped, but I care more about what permissions and signatures are actually given; saving effort is one thing, but problems can come faster.
By the way, a reminder to myself: my biggest fear isn’t losing money, but losing control—if I don’t manage positions, permissions, and alarms properly, it can spiral out of control.
Today, I’ll just lower my delegation limit a bit, so I don’t wake up to find I’ve been "represented."