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Lately I’ve been looking at governance voting again, and the more I look, the more it feels like I’m staring at those two words: “delegation”—like how people get lulled to sleep. I hand my vote over for convenience, and in the end, all that’s left on-chain is a few big players exchanging nods with each other. Governance tokens, put simply—so who are they really governing… not someone like me, who only logs in now and then and clicks a couple of times.
During the stretch when cross-chain bridges were hacked, the group chat was full of “Don’t rush—wait for confirmation,” and the abnormal quotes from the oracle were also “wait for confirmation.” It sounds quite rational, but really, it just pushes decision-making another step further into the hands of a few.
Delegation was originally a tool, but in the end it became an accelerator for oligarchs—I’m part of it too. One slip of my hand, and I handed over my vote (my clumsy hands really do deserve the name PaperHands). Thinking about it now, the sense of participation feels like poetry, while power feels like transaction fees—visible, but intangible.
Let it be like this for now; I might forget about it again tomorrow.