Just saw a notification pop up on my phone. I thought it was a voting reward getting credited, but it turned out to be a reminder for delegated voting for some DAO. I tapped in, and it was more of the same—some big players rallying votes, calling it “governance.” But let’s be real: voting power was already tightly gripped by a few large wallets. After retail delegates their little share of votes, in the end it still just turns them into background props for the oligarchs.

It reminds me of the recent back-and-forth fight over NFT royalties. Everyone was arguing about how to protect creators’ income and whether the secondary market has enough liquidity. But look at those who actually hold voting power—don’t they set the rules just the same, according to their own interests? Governance tokens get passed around and “governed” back and forth, but what’s really being “governed” is their own circle.

Anyway, my strategy is pretty simple now: I won’t blindly follow votes, and I won’t delegate in a messy way. I’ll spread my positions out more, place some across different chains, and treat low-correlation moves as a kind of talisman. That’s it for now—watch more and act less. It’s better than being used as the “suckers” of the game.