Lately, everyone’s been staring at the unlock calendar until their eyes glaze over, feeling like every time staking unlocks, a wave of collective PTSD hits… But what I want to see more now is: whether the project is truly “worth trusting.” Put simply, don’t just look at how many green dots there are on GitHub—find out whether it’s the same one or two people just hyping themselves up, whether issues have been raised but no one’s managing them, and whether major changes are pushed all at once in the middle of the night. Also, don’t treat audit reports as a talisman—many of them are basically “nothing was found at the time.” Real stakes are in the permission upgrades: who controls the multisig, whether permissions can be temporarily added, and whether there’s a timelock.

If I had just glanced at the candlestick charts less and checked the contract upgrade entry one more minute, maybe I wouldn’t have ended up paying tuition in that joke about “governance discussions being very lively”… Anyway, when I see upgradeability plus an opaque multisig, I default to assuming it can change the script at any time.