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Today on the subway, I was voting on governance proposals and I almost couldn't hold back... They say it's "community voting," but a bunch of people just delegate their votes to those familiar faces. It's convenient, but over time it turns into a small circle making decisions. Who exactly is governance tokens governing? Honestly, it's more about governing ordinary people: if you don't pay attention, you default to being represented; even if you do pay attention, you might not be able to change anything.
Recently, everyone has been comparing RWA, government bond yields, and on-chain yield products. Just hearing that makes me want to roll my eyes: the yields seem more "stable," but governance is becoming more oligarchic. Who's responsible if something goes wrong? Anyway, my current approach is pretty simple: I only delegate to people I truly know and who can explain their reasoning. Once a proposal involves parameters or permissions, I manually vote. Lazy as I am, I won't hand over the steering wheel completely. That's it for now, I'll wait until I reach my stop.