Governance tokens, put plainly, often aren’t “governing the project”—they’re “governing retail investors’ illusions.” You delegate your votes, thinking you’re participating. In reality, you’re just bundling your power and handing it over to a small number of big players/funds/nodes. And oligarchic control gets even smoother: they vote every day, you occasionally show up and click once, and in the end, they’re still the ones setting the direction.

Recently, there’s been more arguing about testnet incentives, farming points, and whether the mainnet will issue tokens—and I’m even more amused. When everyone is most eager to “govern,” it’s usually during the period when they’re waiting for the airdrop. But the moment it comes time to cut budgets, change parameters, or make enemies, the turnout immediately flatlines.

Don’t use “I don’t have the talent” as an excuse. What you rely on long term is habit: before you get swept up, ask one question—who is my vote/this position actually serving? If you don’t want to be a tool, delegate less out of emotion and more according to rules: position limits, stop-loss, and then sleep easy. That’s it for now.