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I look at whether the project is reliable or not, anyway I won't look at the K-line first, I'll check GitHub and audit reports first, although I'm not a coder… but whether updates are regular, whether bugs are fixed, whether someone is colluding in the issue section, you can really see some attitude. Don't just look at the cover of the audit report that says "Passed," I’ll glance to see if high-risk issues are truly fixed, and if they are re-released after fixing.
Upgrading multi-signature is even more critical: who has the permissions, how many people can change the contract with one click, in plain terms, it’s about whether they can change the pool in the middle of the night. I do LP just to earn steady fees, I don’t want to play heartbeat with people.
In on-chain games, inflation + studio manipulation, when the token price drops, it spirals. Many of these aren’t necessarily due to poor technology, but because the power and incentives are written too casually… You say “audit is enough” — I can only say that an audit is the baseline, not a talisman.