Recently, I’ve been looking at a few project teams’ treasury spending disclosures, and it’s pretty interesting. On one hand, they say their AI Agents are so amazing and that automated trading is so cool—yet when you check the on-chain interaction records, the security audit report still hasn’t been released, and the money has already been spent on a bunch of things to get community KOLs to spin the narrative.

Now I’ve set a reminder: I’ll take a quick look every two weeks to see whether their milestone checkpoints are getting delayed. I also set a psychological limit on myself—if they miss delivery two times in a row or if the use of funds is unclear, I’ll just fully close my position.

When I first set it up, I was a little anxious, worried I’d miss the move. But now I’m calmer—in any case, you can’t really see the fish clearly under the ice; if I can’t see clearly, I’d rather pull the rod in first.