Last night, I was browsing governance forums and got a bit annoyed... I originally wanted to directly revoke the voting delegation for a certain wallet, and at one point even considered uninstalling those governance apps, so I wouldn't see them and feel bothered. But after calming down, I thought, delegation is basically outsourcing the "I don't want to bother" power; in the end, it often turns into a few people stamping on behalf of everyone. Who does the governance tokens really govern? Probably not retail investors.



What's more awkward is that people arguing about NFT royalties have the same vibe: creators want stable income, the secondary market wants liquidity, and in the end, how rules are set mostly depends on who has more votes and who can mobilize. I'll be more conservative—I’d rather participate less than blindly hand over my votes... That's it for now.
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