Just saw that back-and-forth fight about NFT royalties, and it actually made me think about governance tokens. To put it bluntly, voting power is concentrated in a few big whales. With the small amount of tokens I hold as a retail investor, when it comes time to vote, it doesn’t even create a ripple. Sometimes I really want to ask: governance tokens—who are they actually governing? Are they governing the “community,” or are they governing that group of big players who already planned how to play long ago.