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![0xNonceSense Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1438522613374996486.png) Nonzee [@0xNonceSense](/creator/twitter/0xNonceSense) on x 82.5K followers
Created: 2025-06-27 17:05:43 UTC

9/ Governance lost its power.

Polkadot had one of the most ambitious governance models.

But it got hijacked by whales.

Treasury spent over $129M in 2024 — most of it with no clear ROI.

Voter turnout sank. (so did trust)

![](https://pbs.twimg.com/media/GudzSWNaoAAEDGv.jpg)

XXXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1938644926750957961/c:line.svg)

**Related Topics**
[$129m](/topic/$129m)
[whales](/topic/whales)
[governance](/topic/governance)

[Post Link](https://x.com/0xNonceSense/status/1938644926750957961)