URGENT: WALRUS DELEGATION IS BROKEN.
Forget governance. Delegated staking is a ticking time bomb. Too much stake in too few hands. This isn't about vibes, it's pure math. When operators fail, you fail with them. Downtime, margin calls, correlated hiccups. Your stake gets glued to mediocrity. You think you're diversified, but you're just following a brand or a screenshot. Moving stake is work. Nobody wants another tab open. Walrus is token-secured storage. Lazy governance means weak discipline. Penalties soften. Reliability becomes "mostly fine." Then a bad week hits. The tell is distribution. How much stake is controlled. How fast it moves after an incident. Concentration becomes the stable state. You're left with no options when you need them most.
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