Lately, the more I look at governance, the more awkward it feels: a bunch of people delegate their votes for convenience, and in the end, a few people hold a large amount of voting power, basically like "proxy voting fund managers"... Who exactly is governance token governing? Is it governing someone like me who just wants to avoid missing the snapshot? I even made a spreadsheet to track proposals, only to find that at critical moments, I hardly voted at all, always defaulting to follow the crowd. Even more ridiculous is the current testnet incentives and points system, which divert everyone's attention to "whether the mainnet will issue tokens," making voting just a task to click through casually. Not long ago, I followed someone who talks about governance, but then I realized he kept pushing the same delegation route every time, which annoyed me, so I unfollowed... Maybe I’m just too anxious, but from now on, I’ll set reminders for delegation so I don’t just hand over my brain with a single click.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin