Lately, I've been looking at several governance proposals, and the more I read, the more it feels like waiting in line at a store: everyone is here, but only a few tables are actually placing orders. Delegated voting was originally meant to help small investors who don't have time, but gradually it turned into "handing your vote to someone who seems more professional," in other words, outsourcing the power. In the end, who exactly is the governance token governing… Sometimes I feel a bit embarrassed to ask.

These days, I also came across the social mining and fan token schemes, that "attention as mining" concept. It sounds lively, but can attention be settled like computing power? Or is it just treating people as traffic pools to distribute voting rights and incentives? Anyway, my simple current strategy is: no late nights, no heavy positions, if I don’t understand the proposal, I don’t vote—prefer to go slow.

As for whether delegation is truly a democratizing amplifier or an accelerator for oligarchy… what do you all think?