These days, as I review governance voting records, the more I look, the more it seems like "delegation" is how the number of people decreases: most addresses are only responsible for casting their votes, and then nothing else happens. To put it plainly, who exactly is governance tokens governing... it's probably those few who are long-term delegates and can change strategies at any time. I can also understand retail investors complaining about validator income, MEV, and unfair ordering; the on-chain rules look transparent, but in reality, there's still a bit of a "threshold" for who can see first and queue up first. Anyway, I see myself more as an observer watching capital net flow and cost distribution, rather than someone rushing into proposals to argue; first, let's align the data.

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
  • Pin