2026-01-12 03:56:20

Recently, I looked at a vote for a leading project and I was quite speechless. Among the community fans, there are indeed many experienced old players, and after several rounds of screening, the concentration of smart money is quite high. As a result, when the voting outcome was announced, it had no effect of going against the trend; instead, the voices of rational voters prevailed. What does this indicate? Either community governance is becoming more standardized, or the influence of big players is truly taking effect. It seems not to be a bad thing, but it also reflects that the influence of retail investors is being diluted. This phenomenon has started to appear in many mature Web3 projects, where voting rights are concentrated in knowledgeable individuals, making democracy more "efficient." But can such an ecosystem still be considered truly decentralized?

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CommunityWorker

· 6h ago

It's becoming increasingly difficult for retail investors, their voice is being diluted. Is this still called decentralization?

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YieldWhisperer

· 6h ago

actually the math on "decentralization" doesn't check out here... watched the same wallet patterns in 2021, this is just tokenomics theater with better optics

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CoinBasedThinking

· 6h ago

The influence of big players is becoming more and more significant, while retail investors have become mere accessories. Is this still called decentralization?

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JustHereForMemes

· 6h ago

Retail investors' voting power being diluted is basically big fish eating small fish, what's this called? Decentralization. Honestly, this voting result looks like it was manipulated, with rational voters having the upper hand? Feels more like big players colluding. It's just another efficient centralized system, democracy sounds so nice. Concentrated in the hands of knowledgeable people, what about retail players like me? We deserve to be cut off. It's so ironic— the more regulated governance becomes, the more centralized it gets. The Web3 dream is shattered everywhere. Isn't this just old wine in a new bottle? Same soup, different ingredients.

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SchrodingerAirdrop