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Lately, the more I watch governance voting, the more uncomfortable I feel. They say it's "community decision-making," but in reality, I, as a retail investor, am basically just someone clicking "like"... I either don't bother to vote or just delegate my votes, and in the end, it turns into a few people holding bundles of delegated votes fighting each other. Who exactly does governance tokens govern? Honestly, they govern people like me who want to pretend to participate but actually just want to avoid getting cut.
The NFT royalty dispute also feels similar: creators want income, the market wants liquidity, and ultimately, the decision is still made based on the interests of platforms or big players. Anyway, lowering my expectations makes it easier: there’s little I can influence, so I just FOMO a little less, do spot trading for swings, vote when I can, and don’t delegate if I don’t understand—at least I won’t deceive myself during review.