Lately I've been looking at governance voting again, and the more I look, the more it seems like "delegation = handing the keyboard over to the whales"… They say it's community governance, but whether a proposal passes often depends on whether those few addresses are willing to click confirm. I may be greedy in my yield farming, but when I see voting power becoming more concentrated, I automatically cut my APY in half as a psychological discount: the profits are yours, but the rules might not be.

What's more awkward is that as soon as the staking unlock / token unlock calendar is repeatedly mentioned, everyone is anxious about selling pressure, but governance folks are still discussing "adding incentives" and "continuing to lock up," in plain terms, whoever holds the most votes defines "long-termism." My current approach is very simple: if I can avoid delegating, I do; if I must delegate, I only give my votes to those with a public voting record and who can explain their voting logic, otherwise my votes are just decorations for oligarchs.

That's all for now. I'm going to clarify the exit conditions for a few pools I hold, and also review each delegation address one by one.