I'm actually more focused on monitoring the treasury expenditures to see if the project team is really working: where the money is spent, how it's spent, whether milestones are being unlocked as scheduled. Others think that just releasing a roadmap and weekly reports counts as being serious, but in reality, a lot of the time they just allocate the budget upfront, and delivery is always "next week." I check multi-signature records and proposals to see if the funds are going toward tangible things like audits, infrastructure, developer incentives, or if it's just a bunch of consulting fees, marketing expenses, and annual KOL packages... Honestly, where the money flows is more honest than slogans.

Recently, with the main public chain upgrade/maintenance, everyone has been guessing whether the ecosystem will migrate afterward. I don’t have a clear conclusion either, but in such times, the best way to see who’s preparing is to check if the treasury has allocated funds in advance for compatibility, migration tools, liquidity incentives, or if they’re just holding meetings saying “we’re evaluating.” Anyway, before I swap, I still remember the three-second transaction time, but now with routing around pools and unclear taxes, I’ll avoid it for now.