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Lately, I've been staying up late reading forums, and the more I look, the more I feel that governance is a bit like the volume knob on an old record player: in theory, anyone can turn it a couple of clicks, but in the end, it's the same few big hands adjusting it. Delegated voting was originally meant to be a shortcut, but it gradually turned into "handing your vote to someone you know / a big account," and with added thresholds like staking and locking tokens, who exactly is governance really governing… Honestly, it’s like outsourcing the sense of participation.
These days, the unlock calendar keeps getting brought up to scare people again and again. Everyone is anxious about selling pressure, yet they keep delegating their votes to “those who can keep the market stable,” which sounds reasonable, but over time, it tends to lead to oligarchy. Anyway, now I make sure to check if proposals have conflicts of interest before voting, and I don’t pretend to understand everything—if I can vote myself, I do.
What I don’t regret is… not handing all my votes to a “most eloquent” representative back then. It was more convenient, but I feel more at ease knowing I made my own choices.