At 3:30 a.m., I kept staring at a newly released audit report for a protocol, flipping through it again and again. It felt like I had OCD at a vegetable market—like I was picking tomatoes—because even though it clearly said “Audit Passed” in four big characters, I still couldn’t resist going to GitHub to dig through the branch update records.

Recently, screenshots started circulating in the group about “a certain stablecoin possibly de-pegging.” But every time this kind of panic pops up, I end up doing the opposite: checking their reserve audit documents and the on-chain records of upgrading multi-sig. To put it bluntly, whether the team dares to publish the multi-sig address, whether the signer accounts are truly doing work, and whether the audit report contains that kind of soft wording like “we didn't test this under extreme conditions”—these are more reliable than the group chat screenshots.

Anyway, I’ve developed a habit: when I see a project, I first look at the time of the last commit on GitHub, then check the multi-sig upgrade configuration. Structurally, if everything is full of “temporary fixes” and “to be optimized,” no matter how romantic the story is, I still have to put a big question mark on it. For now, that’s it—I’ll keep reading the code.