“Is DeFi really decentralized?” Not quite.

According to the European Central Bank, over 80% of governance power in major protocols like Aave, MakerDAO, and Uniswap is concentrated in just ~100 addresses.

Even more interesting — many of these addresses are tied to the protocols themselves or centralized exchanges.

👉 Voting is dominated by delegates

👉 ~30% of key voters remain anonymous

So here’s the paradox:

a system designed to be decentralized is effectively controlled by a small group.

And this is no longer just a narrative — it’s becoming a regulatory issue.

The further we go, the clearer it becomes that the idea of cryptocurrency was hardly created by random GitHub geeks or crypto enthusiasts around the fictional Satoshi Nakamoto. Instead, it looks like a carefully designed new system that is fully controlled, evolving exactly as intended — so that in a few years, everything can be tracked and monitored. $AAVE $UNI