Lately, I’ve been feeling a bit powerless over governance voting: a bunch of people say “community decides,” but then slip and delegate their votes to a few “big shot addresses,” and these addresses keep bouncing between protocols, funds, and market makers. In the end, who exactly is the governance token governing…? Honestly, it’s like handing the remote control to strangers and still expecting the TV to play what you want.

What’s even more amusing is that recently, the “compound yield” from staking and shared security has been criticized as a copycat scheme. I can understand: the returns look attractive, but the power also stacks up, and the more voting rights concentrate, the more it resembles an oligarch club. Anyway, I’d rather earn a bit less now, and personally vote on key proposals—at least I know I’m the one stepping into the pit. If you’re too lazy to read long articles, don’t delegate everything; leave some votes for yourself as a brake.