I’m now checking whether the project is actually doing real work. Instead of first looking at how “beautiful the roadmap” is, I focus on how the treasury is being spent and how the milestones are being delivered. It’s fine if the money is spent a bit more slowly; what I’m afraid of is shouting that they’re going to “do great things” while the spending is all over the place—monthly reports that feel like they’re just going through the motions, and delivery always postponed to “the next version.” If they can clearly explain the budget, how funds are being recovered, and the reasons for any delays, even if progress is slow, I’d feel more at ease.

Recently, the hardware wallet is out of stock again, and the phishing links are also ridiculously plentiful… In times like this, you can better see whether the team has even basic security awareness: whether announcements are sent out in a timely manner, whether the links provided are compliant and properly formatted, and whether they repeatedly remind users not to click around at random. Anyway, for my own cross-chain transfers, I’d rather be slower and pay a bit more—I can accept waiting in a queue and refreshing a few times. At least then I won’t be kept on edge.