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Lately, the more I watch governance voting, the more it seems like a joke… They say it's "community decision-making," but once delegation starts, the votes all pile up in the hands of a few big players/institutions. People click a couple of buttons to hand over power and then comfort themselves by calling it "efficiency." Honestly, governance tokens don't really govern the project; they govern the illusion of retail participation.
What's even more outrageous is that now many testnet incentives are like lottery tickets—daily score calculations, guessing whether the mainnet will issue tokens. When it finally comes time to vote on the mainnet, people are too lazy to read proposals and just delegate everything to "those who understand." I no longer bother explaining; after all, how liquidity and narratives unfold are more honest than which vote you cast.