Lately, I keep seeing everyone interpret ETF capital flows, U.S. stock risk appetite, and crypto market fluctuations all together… It looks quite lively, but what I’m more worried about is that when a project rises, it might also conveniently “upgrade” its contracts at the same time.

For a beginner wanting to assess credibility, I only focus on three things: whether GitHub is being continuously updated (not just suddenly very active overnight), don’t just look at the logo and conclusion page of the audit report, at least check the “fixed/unfixed” status and timeline— the more like patching, the more genuine; and also upgrade multi-signature, the key isn’t just the words “multi-signature,” but who the signers are, how they are distributed, what the threshold is, and whether one or two people can change the logic. To put it simply, if the floor price jumps, liquidity can also run away, but if permissions are too centralized, the fastest to run might be you and me. That’s all for now, I’ll keep lurking and watching people argue.