Last night, I was again frustrated by the project governance voting... A bunch of people delegated their votes to a few addresses that "look very professional," and in the end, it just turned into those few people nodding through each other's proposals. Honestly, the governance tokens aren't really governing "us," they're just controlling my illusions. Holding tokens and thinking you're a shareholder, but in reality, you're more like just filling seats for oligarchs—it's pretty funny and also pretty infuriating.

What's even more absurd is that now everyone compares RWA, the yield on US bonds, and on-chain yield products together, all talking about "more stability," but the voting is increasingly turning into "stop arguing, just hand it over to the big shots." Anyway, as someone impulsive and short-term minded, I can only reduce my leverage and stop delegating my votes too... It burns my tongue.