When evaluating whether a project is "trustworthy or not," I don't focus too much on flashy appearances for now. First, I check GitHub: it's not about how many stars it has, but whether there has been recent activity, whether the code has been modified, and if those changes have been reviewed (not just all pushed directly into the main branch). Then, don't just look at the cover logo of the audit report; search directly for sections like "unresolved/accepted risks." Many pitfalls are hidden in the small print of "we decided to proceed this way." The most critical part is the multi-signature upgrade: how many people are involved, what the threshold is, whether the contract can be easily swapped out with a single click at any time, and whether there is a time lock. Given how extreme the current funding rates are, I can understand discussions in the group about whether to reverse the trend or continue squeezing the bubble, but I personally prefer to confirm: even if the market reverses, will this protocol still be safe from being secretly upgraded by multi-signature in the middle of the night? Anyway, beginners should go over these three points first; it will make them feel much more at ease.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin