Recently, I’ve been feeling a bit powerless over governance voting. They call it "community governance," but when I looked into it, it’s all votes stacked up from delegated voting, with just a few addresses making the decisions. When a few people's addresses move, the direction is set. Who exactly is the token governing? Honestly, it seems more like “governance” to prevent ordinary people from messing around, just to back liquidity and narratives... As a small voter like me, whether I vote or not feels like I’m just along for the ride.

And now, some places are tightening and loosening regulations on taxes and compliance, causing expectations for deposits and withdrawals to fluctuate. People are less interested in participating in governance: as long as they can smoothly deposit and withdraw, that’s good enough. Who’s going to watch proposals every day? Anyway, I still prefer the stablecoin approach—less fuss, just relax when I can, and treat voting as a reminder not to romanticize “decentralization” too much. Let’s talk again next time.