Recently, I've been looking at a few L2 governance votes again. To put it simply, many of them are "delegated voting" with a single click, handing over power to big players/institutions, saving oneself trouble. But the more convenient it is, the more it seems like we're nurturing oligarchs... Who exactly is governance tokens governing? It feels like in the end, they're governing retail investors' emotions: if you don't participate, you're represented; if you do, you're affected by information asymmetry. Especially lately, some places are raising taxes or tightening regulations, then loosening them again, causing everyone's expectations for deposits and withdrawals to fluctuate, and voting stances to drift accordingly. Those who actually discuss parameters are becoming fewer. There are many tutorials, but I usually only look at those that clearly explain the motives for voting and the stakeholders involved. I don't want to see a bunch of process screenshots anymore. Anyway, I now vote myself whenever I can; if I really can't understand, I won't delegate to "celebrity addresses."