I'm now checking whether the project is working seriously, and I don't pay much attention to long Twitter threads anymore.

First, verify if the treasury expenditures and milestones match:
Is there a "result" after spending the money, such as audits, launches, contract upgrades, ecosystem subsidies linked to specific addresses and timelines?
Don't say you're sprinting while the funds flow into a bunch of obscure intermediary wallets.

Recently, the staking/token unlock calendar has been pushed to me again, making me anxious...
To put it simply, the selling pressure is a concern, but if the team is still delivering on schedule before and after the unlock, and the treasury isn't misused, I consider it short-term emotion;
Conversely, if milestones are repeatedly delayed and treasury spending remains "smooth," then forget it.
I'd rather focus on new chain task batching and check-ins, which are at least controllable.