Lately, airdrop season feels like clocking in for work, and the task platform is also built to fight bots and anti-sybil behavior—points and discount coupons pile up until I want to just close the webpage… But if I really want to dive into one protocol, I’d actually start by looking at the “boring” parts first. At the very least, check GitHub to see whether there’s genuinely long-term development and maintenance going on—not just a burst of commits meant to put on a show. And don’t just look at whether an audit report exists; look at whether the issues were fixed, and whether the same entity is repeatedly stamping documents back and forth. Upgrading multisig matters even more: who can change the contract, how many keys there are, and whether there’s a time lock. Plainly put, it’s whether someone can rip your pot off the stove in the middle of the night. What I fear most isn’t just losing money—it's losing control. Positions can still be reduced, but if someone can upgrade permissions with one click, then you’re basically not even able to run away once things go wrong. Anyway, as someone perpetually unlucky with perpetuals, I’ll confirm everything I can first, and even if I get antsy, I’ll still hold back for two minutes.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned