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Lunchtime scrolling revealed more noise about whether the main public chain will move or shut down after the upgrade/stoppage.
I'm more interested in how the project team spends their treasury...
Honestly, whether they migrate or not is the result; the way they spend money reveals their character.
Serious projects tend to have expenditures around milestones that seem more "work-like": audits, bug bounties, infrastructure, documentation, and operations that align with progress;
Less serious ones keep circling around "market partnerships/consultant fees/community incentives," with ledgers like foam—fluffy but not filling.
My current judgment boils down to two points:
After money is spent, is there verifiable output (PRs, audit reports, launch schedules), and
When delays happen, do they provide explanations + cut budgets instead of just continuing to burn?
Anyway, LPs are like brewing coffee—bitterness I can accept, but I fear the taste will be full of artificial flavor if I take a sip.