After I muted the group, the world suddenly became much quieter...


Before, every scroll was "Vote! Come join," "Delegating to certain big accounts is more convenient," which made me feel a bit uncomfortable.
To put it plainly, who exactly is governance tokens governing?
Most people are too lazy to research, and in the end, it just becomes handing votes to a few familiar faces.
The project appears democratic on the surface, but in reality, it’s becoming more like oligarchs holding meetings.

Recently, cross-chain bridges have had issues again, and oracles reporting outrageous prices still require "waiting for confirmation," and I think: when risks come, can governance really save the day?
Anyway, I’m still doing LP as usual, slowly trading stablecoins/blue chips, chasing fewer hot trends, and also less casually handing over decision-making power.
That’s all for now.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned