People in the group are again sharing that chart about "a certain stablecoin losing its peg," and as soon as emotions rise, everyone only focuses on one sentence... I now tend to look at more boring things: GitHub, audit reports, and whether the upgrade permissions are multi-signed.



If a newbie wants to judge "credibility," I think it's better not to pursue understanding the code first. Check if GitHub updates are normal, if someone reviews the changes, if there are bug reports in the issues that are actually fixed; for those that haven't moved in months and suddenly have a bunch of major changes without explanation, I’d stay away. Don’t just look at the cover and "audited" label on audit reports; focus on whether there are "unresolved/partially resolved" risk items and if there are subsequent public fix records matching. Upgrading multi-signature permissions is more straightforward: how many people sign, who they are, whether there's a timelock (giving you reaction time). If it’s still "single key upgrade with one click," honestly, it’s like putting the money in someone else’s pocket.

Anyway, I do LP to sleep well, prefer to earn a little less, rather than make decisions based on panic/excitement from sharing. That’s all for now.
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