Recently, project teams have been posting a bunch of GitHub links, audit reports, and claims that "upgrades are controlled by multi-signature," which makes newcomers feel more at ease. But honestly, these three can also be faked. My simple approach: first, check if the GitHub is "alive," look at the submission frequency, whether issues get responses, and if key changes are just temporarily inserted; don't just look at the cover logo of the audit, review the conclusions and scope—many audits only cover a small part, and the upgrade logic isn't included; as for multi-signature, don't just listen to "a few signatures are safe," check who the signers are, whether they are public, if there are timelocks/delays, and whether a single click can upgrade and change rules. Recently, the testnet incentives and points systems are heating up again, and everyone is guessing whether the mainnet will issue tokens... I actually want to understand first: if they change the contract, do I have time to react? Anyway, I treat simple things as traps; a phrase like "it's audited, so it's safe" basically means nothing.

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