Lately, when I look at governance polls across different platforms, it feels more and more like “delegated voting = handing your vote over to someone who knows how to play better.” Put simply, a lot of people don’t even care about the proposal content—they just want to make things easier. In the end, it turns into a back-and-forth of positions from a few big addresses, institutions, or representatives. Community voting looks lively, but it’s getting more and more oligarchic. So who exactly are governance tokens governing? Most likely, they’re governing the illusion of retail investors: you think you’re participating, but in reality you’re surrendering.



By the way, modularization and the DA layer have been getting hyped like crazy recently. Developers on that side are all excited, while ordinary users are left confused: “I just want something that’s useful and cheap, but I get shoved into a bunch of ‘governance processes.’” Anyway, my current approach is: if I don’t understand it, I don’t vote. I won’t delegate to “internet-famous representatives,” and my position certainly won’t increase just because of a single “community consensus.” Being a bit colder is fine—at least I won’t end up as the one left holding the bag.
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