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Lately, looking at governance voting has been a bit exhausting… Many proposals claim to be “community decided,” but when you click in, you see that voting power has long been controlled by big holders and a few delegates. Everyone delegates their votes for convenience, in plain terms, it’s “I give you my power, you agree/disagree on my behalf,” and in the end, who the governance tokens actually serve is somewhat obvious.
What’s even more annoying is that recently I’ve been checking the unlock calendar again, and as staking unlocks happen, sell pressure and anxiety fill the air. When everyone’s emotions tighten, they become even lazier about reviewing proposals, just continuing to delegate… in a cycle. Anyway, I’d rather go slow now; important permissions must be multi-signed and limited, avoid reckless voting when possible, at least don’t treat “security first, profit second” as just a slogan. That’s all for now, tired but still here.