Recently, someone has been arguing that extreme funding rates mean a reversal is coming / the bubble is about to burst, and this makes me a bit anxious... Anyway, I prefer to protect my principal first, even if it means earning less.

Newbies want to see if a project is "reliable," so I’m currently watching three things: whether GitHub only has shell updates (I directly deduct points for daily README changes), don’t just look at the words "audited" in the audit report—at least check if the issues found have been fixed and if the version number matches clearly; and also upgrade permissions—how many people sign transactions, whether the same group controls it, and if the contract can be changed arbitrarily... these are more practical than slogans. Last night, I tested a 50U deposit, waited about ten minutes to see if the on-chain records matched, then decided whether to add more. Honestly, taking it slow is fine; zeroing out is just too painful.