This is the third time I've seen some project governance voting, and when I click in, it's all "delegated to XX address" overwhelmingly. The comment section is still arguing about "community consensus." To put it simply, tokens are issued to everyone, but the steering wheel is handed over to a few big holders first, and in the end, who the governance actually controls... maybe it's the dissatisfied retail investors who can't accept it.



Recently, the staking unlocks and unlock calendar have been repeatedly brought up and discussed. Everyone is afraid of selling pressure, and I am too, but what I fear more is: you think voting can change the rules, but the rules have already been written into the delegation relationships. Anyway, I now just treat it like listening to a radio station and choosing songs; before humming along, you better see who arranged the playlist.
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