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Delegated voting is pretty convenient, to be honest, but after using it for a while, it starts to feel like "sending your ballot to a big holder’s drawer." Governance tokens claim that everyone governs together, but after flipping through the voting pages, it's always the same few addresses nodding or shaking their heads; the rest are mostly just giving them a "public opinion endorsement." After being rug pulled once, I got into the habit of checking the delegation chain first: you think you're voting for A, but A then delegates to B, and it finally ends up in some fund wallet... What's the point of that? It’s just an illusion for retail investors.
Recently, during that extreme fee wave, people in the group argued whether to reverse or keep squeezing the bubble. I think it’s similar to governance: the mood is very intense, but the ones who can actually press the button to change the rules are often not the loudest. Anyway, now when I see phrases like "please delegate to us for more professionalism," I reflexively check permissions and fund flows. I'd rather miss out than be a mere voter again.