A few days ago, I saw someone arguing that "delegated voting is very decentralized," and I couldn't help but laugh... Frankly, many governance tokens ultimately don't govern the protocol, but the emotions and narratives of large token holders. If you delegate your votes to save trouble, the votes end up in the hands of those "perennial representatives," making the participation rate look high on the surface, but in reality, it's more like an oligarch stabilizer: you don't care, so they don't need to explain.



What's more troublesome is that everyone now is too superstitious about on-chain data tools and tagging systems. If the tags lag behind or are deliberately manipulated, you think you're observing public opinion, but you're actually just being fed "statistical comfort" by others. I once had a proposal I couldn't understand but still pushed through, delegating to an address that "looked very professional," only to later find out he had close ties with the project team... Anyway, after that, I learned my lesson: if I don't understand it, I won't act. Voting less is better than voting blindly. Long-termism isn't about participating in everything; it's about not handing over your power casually.
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