Recently I’ve been seeing a bunch of governance voting screenshot posts, and it feels like I’m watching a social game of “who hands their votes off to whom”… They claim it’s decentralized, but in reality, a lot of addresses don’t vote at all—they just delegate to a few familiar faces. In the end, it turns into a meeting of a small number of people, while most people just watch. Later, I found myself pretty conflicted too: on the one hand, I dislike oligarchy; on the other hand, I can’t be bothered to read through each proposal line by line, and one slip of my hand makes me want to just toss my votes to “people who look like they know what they’re doing.” In the past few days, someone also brought up RWA and U.S. Treasury yield rates and compared them with on-chain yield products, making it sound pretty convincing. But if governance keeps relying on consensus built through delegation, then frankly, in the end it might only end up governing “liquidity and voice,” with token holders more like spectators. Anyway, what I care about more right now is whether proposals clearly spell out things like royalties and allocation—so that in the end the art isn’t just decoration, and the votes aren’t just ornaments.