I wonder if the project team is really working hard; anyway, I won't listen to their stories first. I'll just check if the treasury expenditures and milestones match up. It's like making breakfast: whether the bread is baked well or not doesn't depend on filters, but on whether you're consistently buying flour, fixing the oven, and baking on time; where the money is spent, whether the rhythm is steady—it's obvious whether they're just "getting by" or "posing for the camera."

Recently, cross-chain bridge issues happened again, and I was actually a bit slow to catch up. I only went to review after the group was flooded with messages... Now everyone casually says "wait for confirmation," and even stop when the oracle reports strange prices. This kind of atmosphere feels quite realistic. Correspondingly, in the treasury: teams that are genuinely doing work won't cut corners on security audits, emergency budgets, or delay mechanisms; only those chasing KPIs spend money more like buying trending searches. To put it simply, milestones are not just dates on a PPT; they are traces that the accounts can justify.