Lately, I've been watching a certain protocol's governance voting, and it increasingly feels like a "delegated voting contest": my small vote basically just hands over the keys, and in the end, how the proposal is changed or who benefits is still decided by those few people. Everyone talks about decentralization, but as soon as the voting page opens, it gives off a sense of oligarchy... I'm not against delegation; when I don't want to monitor proposals, it does save effort. But I feel a bit uncomfortable: who is governance tokens really governing? Is it governing the protocol or just the retail investors' emotions?

And recently, hardware wallets have been out of stock, phishing links are everywhere, and security awareness has actually been forced to improve. It's quite ironic: the most responsible part on-chain, people are very cautious; but when it comes to governance, it's so easy to just "delegate with one click." Let's leave it at that for now; I'll keep a low profile and observe.