Lately I've been looking at a few governance proposals, and the more I read, the more uncomfortable I feel. They say it's "community voting," but in the end, a bunch of people delegate their votes, and it turns into a few big accounts making the decisions... Who does governance tokens really serve? Honestly, it's more about attention and laziness. Most people just want to save effort, so they delegate with a click, then focus on monitoring unlock calendars, afraid that staking unlocks will cause a dump—emotions are even bigger than the proposals themselves.



I'm now more inclined to see governance as a probability game: the more concentrated the delegation, the higher the chance of oligarchy; in the short term, it might be more efficient, but the risk of being hijacked by vested interests also increases. Anyway, I try not to delegate if I can avoid it; if I do vote, I only vote on what I understand. The rest... let's leave it at that for now.
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