Lately, the more I watch governance voting, the more uncomfortable I feel. Delegated voting was initially convenient, but gradually it has become more about "who to give your vote to" than "what to vote for." To put it plainly, who does token governance actually govern? Many times, it’s just a few people or teams playing back and forth; ordinary users are either silent or follow the votes. Oligarchization isn’t a conspiracy; it’s the result of laziness and information gaps.

These days, some people are linking ETF capital flows, U.S. stock market risk appetite, and crypto price movements all together for analysis. I also look at it, but the more I do, the more I feel the noise is overwhelming. Too much information really causes anxiety. My filtering method is pretty simple: only focus on protocols I might use, check on-chain whether large delegated addresses and voting addresses are the same group, and leave the rest of the discussion to chance. Anyway, votes are in others’ hands; no matter how much emotion there is, it’s useless… First, stick to self-custody and signing habits.