🏛 [Analysis] Not all governance is voting – Tony Sheng

Governance is not a feature, it is a complex system. Voting is just one (optional) part of that system and does not itself lead to strictly better governance (though it can). A project can have strong governance without voting and a project with voting can have terrible governance. We should be wary of projects that claim decentralized governance solely based on their voting feature and instead seek to understand all sources of influence across the decision-making process. Votes allow us to provide basic input on who we think should have power in our system, but nobody would say that our democracy is governed by voters. It’s obvious that the power in our system is elsewhere. For instance, oftentimes rather than placing the proposals and votes on-chain, consensus is built off-chain in forums and conversations.