I'm now looking at whether the project is serious about doing the work, rather than just checking the candlestick charts first, focusing on how the treasury spends: whether the money is tracked against milestones one by one, such as development/audits/node subsidies, whether the rhythm is steady, and whether there are operations like "sudden large transfers followed by a brief mention." The staking unlocks and token unlock calendar have recently been repeatedly brought up to scare people. Honestly, everyone fears selling pressure, but what’s even more concerning is the project team taking advantage of anxiety to do tricks. Later, I thought it was quite funny—community members watch the unlock days every day, but what truly determines the long-term is whether they are delivering consistently. Anyway, I treat it like a stone, slowly reviewing the accounts and progress; if I can't figure it out, I walk away.

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