Recently, watching governance voting has been a bit funny and frustrating: people talk about "community governance," but their hands are all on delegated voting, outsourcing their brains to a few familiar faces with a single click. To put it plainly, who does the governance token really govern? Most likely, it governs that group of people who can be continuously delegated votes, while the rest are just "participation feelers," whether they vote or not, just to fill the process with numbers.

What's even more amusing is the current trend of social mining and fan tokens—this "attention equals mining" concept sounds cool, but in practice it turns into whoever has the loudest voice gets the votes, ultimately leading to oligopoly, just with a different entry point. When emotions run high, it's easiest to treat delegation as a shortcut... then when a turning point comes, you realize you've followed the trend until the last second. Anyway, I now prefer to vote less rather than hand over my decision-making power to others.