Recently, watching governance voting feels a bit like a “version update” for my own mindset… I used to click a couple of times, thinking “I participated too”; but after updating to v2, I’m actually more laid-back: once delegation opens, the votes seem to be packaged and handed over to a few big players—plainly speaking, the governance token may ultimately end up serving “who’s better at rallying votes / who has more chips in hand.” The same goes for the new L1/L2 incentive theater where they hand out rewards to attract TVL; I can understand the old users’ complaints about mining, selling, and dumping. In any case, the more people there are, the easier it is for power to oligarchize. These days, I care more about whether the protocol’s revenue and rules have raised the cost of doing harm—about voting… if I can avoid it, I’d rather not get involved; even if I miss out, I don’t want to step on a landmine.