First, let's take a look at the vote counts by vote option and voters type (validators vs regular users). We can see that most of the voters voted 'YES' for most of the proposals and the voters are mostly made up of regular users. But we also need to understand that voting power plays huge role to decide the outcome of the proposal.

(Flipside Query)

So, we will filter out all those votes to validators' delegating address which are used to vote. From there, we filter to 'Yes' votes only and get the voting power of the validators when they vote yes for any proposals. We can see that validators voting power could bring up to 200M.

We need to understand that 1 STAKED LUNA = 1 VOTE so let's take a look at daily staked $LUNA. From graph below, we can see that the ATH $LUNA staked was around 380M back in August last year. This means there are 380M votes for each proposal. Let's take an example of Prop ID 115 which has highest Yes voted by validators with total of 217M voting power. This proposal was proposed in August which means the total staked $LUNA at during voting period was around ATH. So, validators has voted over 57% in favor of the proposal.

In conclusion, we can see that validators has voted over 50% in favor of a proposal. This is a bit opposite of decentralization however we still have 130 validators. Validators number need to be increased in order to sustain. The top 10 validators currently holding just above 30% of total voting power as per picture above.