Recently, I saw someone complain about governance voting again, basically saying that many times it's "delegated voting" being cast, and the small amount of votes in their hands is like air... Delegating with one click to a big account, and in the end, it becomes a few addresses making decisions. Who the governance tokens actually govern, and how much, is a bit awkward. Of course, project teams also want efficiency, but when efficiency is too high, it easily leads to oligarchization. Discussions in the forum go on for a long time, but the on-chain results are already written, that kind of feeling.

These days, Meme and celebrity shoutouts are back in the spotlight. Newcomers are extremely excited, and veteran players advise not to take the last step—I really understand that. When attention shifts away, governance discussions also cool down, but the votes are still circulating among those few hands. Anyway, I remain the same old self—emotional ice-cold, gradually adding some infrastructure positions, voting when I can, and treating it as paying tuition when I can't.