I just closed the governance page and stared at those "delegated voting" buttons for a while, feeling a bit awkward. They say it's to encourage everyone to participate, but in reality, it often feels like handing your vote to a few familiar faces. In the end, who actually controls the governance tokens... Honestly, it seems more like controlling liquidity and concentrated influence. When on-chain activity heats up, the votes also flood in from the same direction in a tidal wave. Small investors, no matter how diligent, just seem to be splashing water on the sidelines. Recently, during airdrop season, task platforms have been anti-witching and implementing point systems, and the degens are almost clocking in for work. But when it comes to governance, many people just delegate to save trouble. Anyway, I now prefer to have less of a "sense of participation" and instead focus on reading proposals and observing voting patterns before acting. For now, that's how it is.