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Are you also overwhelmed by all the "audited/open-source/multisig upgrade" hype... I saw someone on the blockchain this morning arguing whether privacy coins and coin mixing count as "original sins." Anyway, the more they argue, the more I feel: beginners wanting to see credibility should not be swayed by slogans.
I usually focus on three things: Don’t just look at whether there’s a repository on GitHub, click in to see if updates are ongoing, whether it’s just one person fighting alone, and if there are real discussions in the issues (not all "wen token" comments). Don’t just screenshot the audit report logo; flip through a couple of pages to see what the scope says, whether high-risk issues are listed, and whether it’s ultimately "fixed" or "accepted risk"—many projects gloss over this. Upgrading multisig is even more critical: who is signing, what are the thresholds, can the core logic be changed casually, especially if it’s related to compliance boundaries. When permissions are broad, I become more cautious... Basically, I look at who can press the nuclear button if something goes wrong. That’s it for now, take your time to develop your eye for this.