Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Promotions
AI
Gate AI
Your all-in-one conversational AI partner
Gate AI Bot
Use Gate AI directly in your social App
GateClaw
Gate Blue Lobster, ready to go
Gate for AI Agent
AI infrastructure, Gate MCP, Skills, and CLI
Gate Skills Hub
10K+ Skills
From office tasks to trading, the all-in-one skill hub makes AI even more useful.
GateRouter
Smartly choose from 30+ AI models, with 0% extra fees
Lately, the more I watch governance voting, the more it seems like "delegation = entrusted mental capacity"... You just hand your vote to a few big accounts, basically for convenience, but in the end, are the proposals really about "governance protocol" or about "governance retail investors' patience"? I'm a bit confused. Especially since many people don't usually check the forums, and on voting day, they delegate with a single click, resulting in a few addresses making the decisions. It's not surprising that it becomes oligarchic.
I thought delegated voting was meant to increase participation, but it actually seems to make the concentration of power smoother: big players/institutions have research teams, small investors just "follow the big guys." Plus, with everyone recently complaining about validator income, MEV, and fairness in transaction ordering, you'll realize that "on-chain fairness" is sometimes not a technical issue but a matter of who is pressing the buttons.
Anyway, I currently have a simple trick: for proposals involving fee distribution or incentive changes that directly affect LPs, I’d rather withdraw half my position and wait and see, even if it means earning a bit less in fees. Once the discussion is clear, I’ll come back to participate, rather than jumping into the water on the day of the biggest turbulence.