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Lately, I’ve been feeling a bit powerless about governance voting. They say it’s “the community’s decision,” but then all those voting-delegation addresses get transferred right after—like the votes are being bundled and sold off. In the end, who is it really governing…? To put it plainly, it might still be the person who’s best at organizing votes. Even if small retail investors seriously study the proposals, it feels like they’re lining up waiting to be called; by the time it’s your turn, the direction has already been set.
What’s even more awkward is that those on-chain data tools and tagging systems get criticized for being laggy, and they may also mislead people. I’ve also had times when I stared at the tags, refreshing and retrying several times, only to find that the conclusions were completely different—two totally separate sets of results.
Anyway, now I’m more cautious about the four words “decentralized governance.” If I can avoid it, I won’t blindly follow; I’ll stand firm first, then talk.