Recently, voting proposals have been a bit off-track: a bunch of "delegated voting" looks quite democratic, but when you click in, you see that voting power is mostly concentrated in the hands of those familiar addresses. Honestly, who are governance tokens really governing... maybe more about ordinary people who don’t have time to read forums or calculate risks. When everyone delegates their votes for convenience, they’re just trying to make things easier, but over time, it leads to oligarchy, and no matter how beautifully the proposals are written, it just feels like going through the motions.

What’s more awkward is that the community is arguing about compliance boundaries for privacy coins/mixers on one hand, but on the other hand, they tacitly accept the more covert power boundary of "vote power concentration." Anyway, I’d rather take it slow now, pay more, look twice before delegating, at least not to hand over my voice so casually.