Recently, everyone has been talking again about whether that kind of major public blockchain will pause during an upgrade, or whether projects will “move out.” But what I care about more is an old question: is this project actually “reliable,” and how should beginners read it?

Put bluntly, don’t stare at the K-line first—check GitHub first to see whether it’s only lively on the day tokens are issued, and then everything turns into a blank after that. And don’t just look at the cover logo of the audit report—at the very least, check whether the scope is written clearly, whether there are known risks, and whether there are any “unfixed items” (issues that haven’t been resolved).

That said, all of these can only be a plus. What really lets me sleep soundly is the upgrade permissions: who controls the multi-signature, what are the thresholds like, whether there’s a timelock, and whether changing parameters can be triggered with a single click to adjust the lending pool.

Anyway, I look at pools the way I look at a fish tank—if the water level (collateral) changes, I’ll write it down, but I won’t make conclusions for anyone else. Just keep your leverage low yourself.