Recently, I’ve been looking at governance votes for several projects again. To be honest, the more I look, the more it seems like “delegated voting = convenience,” eventually leading to a few major holders or agents just nodding to pass proposals. Everyone throws their votes out for convenience, but in the end, who does the governance tokens really govern… Anyway, it’s not me, someone who holds a hardware wallet and has to triple-check the address before signing.

What’s more awkward is that the voting page links are full of “same name, different domains,” and in the chat group, people are passionately debating whether extreme fee rates are a reversal or just a continued bubble. Meanwhile, I’m thinking: Is this link really official? Has the signed content been stuffed with strange permissions? My biggest fear isn’t losing money; it’s losing control — if the money is gone, I can still accept it, but if I’ve handed over permissions and don’t even know to whom, that feeling is even more disgusting. For now, I’d rather vote slowly than casually hand over the decision-making power.