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After the latest series of public chain upgrades, everyone’s been wondering whether ecosystem projects will also jump on the bandwagon and migrate. Honestly, I’m really sick of this kind of “switch lanes overnight” pace—better to first figure out whether the project itself is even trustworthy.
For newcomers checking GitHub, the biggest mistake is only looking at the number of stars. Sigh—stars can be bought, and they can be boosted, but commit history and how fast issues get handled can’t be faked. I usually scan the updates from the past few months to see whether people are really fixing bugs—or whether they only changed a README. Even audit reports are a trap: a lot of projects just put a lock on display to look good, and if you check the dates carefully, it’s been expired for half a year. Later, I realized the truly deadly part is upgrading multisig. If the team can change the contract logic at any time, then what use is the audit report? Put simply, whether the multisig signers and addresses are public, and whether there’s a time lock—those tell you more than the report itself.
Anyway, when I look at a project, I treat it like a scammer first, then peel it back step by step. Saving on transaction fees—those are life.