True Web3 governance should put people at the center. Many decision failures are fundamentally due to the lack of consultation with those affected, and the absence of feedback or remedial channels for them. The communities that suffer the most are often those with the least voice—they don't even have mechanisms to oppose unjust decisions. What's even more painful is that some authorities often hide behind the banners of "public interest" or "risk prevention" to evade responsibility. True decentralized governance should not be like this.
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GateUser-6bc33122
· 22h ago
That's true, but the reality is that most projects are still a one-man show, and the community is just a bunch of retail investors.
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RiddleMaster
· 01-07 16:20
That's correct, but the problem is that in Web3, the largest voices still belong to the big players, and small investors basically have no say.
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PermabullPete
· 01-06 04:41
That's right. Many projects nowadays are just using the name of DAO to promote oligarchy among major stakeholders, and the voices of the underlying community members are completely unheard.
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InscriptionGriller
· 01-05 03:56
Basically, it's just the old tricks of the authorities, changing the shell to continue the scam.
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BridgeNomad
· 01-05 03:52
ngl this hits different when you've watched governance exploits unfold in real time. seen too many protocols hide behind "risk management" while retail gets liquidated. the trust assumptions break down so fast when nobody's actually listening to affected parties.
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pumpamentalist
· 01-05 03:51
That's so true. Many DAOs nowadays are just a new bottle with the same old wine; it's still a few people making the decisions.
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WhaleWatcher
· 01-05 03:48
That's right. Many so-called DAO governance nowadays are just centralized entities in disguise, and the underlying people are still being exploited.
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VirtualRichDream
· 01-05 03:33
That's right. Many projects now claim to be decentralized, but then immediately start making authoritarian decisions. It's hilarious.
True Web3 governance should put people at the center. Many decision failures are fundamentally due to the lack of consultation with those affected, and the absence of feedback or remedial channels for them. The communities that suffer the most are often those with the least voice—they don't even have mechanisms to oppose unjust decisions. What's even more painful is that some authorities often hide behind the banners of "public interest" or "risk prevention" to evade responsibility. True decentralized governance should not be like this.