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@Walrus 🦭/acc It shows up as queues backing up. As repairs colliding with read requests. As multiple blobs stressing the exact same operators inside the same tight time window.
That’s when everyone suddenly looks around and realizes the options available are way thinner than they previously thought.
The Real Signal Is Movement
The real signal to watch isn’t sentiment or uptime performance claims.
It’s actual movement. Does stake genuinely re price risk after stress events? Or does it stay completely glued in place because moving requires work and nobody wants to be the first person to publicly admit the defaults stopped serving them well?
#walrus If stake doesn’t move after problems, then concentration isn’t some unfortunate accident. It’s the stable equilibrium state.
Good Mechanics Aren’t Enough
Walrus can ship absolutely solid mechanics and still inherit governance fragility if delegation remains purely set and forget behavior.
Because the core issue isn’t about who’s good or bad at operating. It’s about who becomes completely unavoidable without anyone ever actively choosing them again after the initial setup.
$WAL