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Someone asked how to really evaluate our treasury expenditures and milestones. Honestly, I focus on two things: whether the money spent leaves a "trace," and whether that trace can be reviewed later. For example, if the budget looks great but on-chain payments and receipts are a mess, with addresses changing back and forth, ending up in a few "consultant" wallets, I basically consider that as if it didn't happen. Conversely, milestones don't need to be grand; they should correspond to specific submission, deployment, auditing, or even a migration time point, and the cash flow before and after should match, at least showing that work is being done.
Recently, hardware wallets are out of stock, and phishing links are rampant... In times like these, it’s easier to see if the team takes security seriously: who are the multisig signers, whether there are emergency pause/upgrade switches, and if announcements are clear enough to verify authenticity at a glance. Anyway, I trust these details more; I don’t put much faith in slogans.