This morning when I went out, it looked like the pavement had just been sprinkled with water—slippery but not enough to fall. Turns out, the on-chain experience felt the same: a bunch of yield products just sitting there, compared side by side with U.S. Treasury yields, sounding very stable, but always feeling a bit cold in my hand.

A newbie wants to see if a project is "reliable or not," so I mainly look at three things now: whether there's real activity on GitHub (not just a big commit once a week for show), what the audit reports say and if there have been updates afterward (don't just screenshot the logo and call it a day), and whether upgrade permissions are multi-signed—how many people, what's the threshold, and can anyone casually modify the contract. To put it simply, multi-signature isn't a get-out-of-jail-free card, but at least it's better than "a single private key decides your fate." Anyway, when I see "upgradable + single signature," I think of a weather forecast predicting a heavy rainstorm—better to carry an umbrella... for now, that's all.