Not long ago, I was really into following a bunch of governance accounts—watching their discussions was lively. Later, the more I watched, the more it started to feel off, so I unfollowed a few: they claimed it was “community consensus,” but in the end, all the voting power had been delegated to the same group of big holders/institutions—basically like handing over the keyboard so someone else can hit “confirm” for you. Plainly put, governance tokens don’t govern the protocol; they govern people’s attention and the blame-passing chain.

Modularization and the DA layer have recently been hyped up again. Developers are practically glowing, while ordinary users look totally confused: what layer am I even voting for? I just want to trade without getting stuck, and have transactions executed on-chain without being snagged. But governance proposals are full of “optimizing narratives”—in reality, it’s just a question of who can more reliably secure long-term voting power.

I’m taking a cold, no-frills approach right now: if I can avoid delegation, I won’t delegate. If I really do vote, I’ll only focus on two questions—who ultimately benefits, and whether I can pull out without it costing me. That’s it for now.