Today, the weather was gloomy on my way out, and the traffic was a nightmare; the coffee in my hand had gone cold... I casually looked through the treasury expenditures of several projects. Honestly, I now judge "whether they are working seriously" more by this than by checking K-line charts.

Spending money isn't the problem; the concern is when the money is spent in a sloppy way: a bunch of "market cooperation/consulting fees" bundled and taken away without seeing concrete results; on the other hand, those that break down payments very finely according to milestones, even if progress is slow, with code, audits, node/storage costs, and small community incentives aligned with the rhythm, I feel much more at ease. Recently, everyone has been arguing about staking unlocks and the pressure from unlock schedules, which I also worry about. But if treasury management is transparent and moderate, at least it shows the team isn't just waiting to unlock and dump... I’m willing to wait a bit longer. The flowers that bloom in ambush may not be fast, and anyway, I’m not chasing the rise.