It took some time to study the fundamentals of on-chain projects and found that what is truly worth paying attention to isn't that complicated.
The core points are: Has the contract passed an audit, are the fees and revenue flows written on the chain, and can ordinary people verify these data themselves. In simple terms, this information is all public and anyone can check.
The most critical issue is—many projects hype up "returns" which are actually a pseudo-concept. Unless those returns are truly distributed on the chain, it's just empty talk. Without on-chain transaction records, any high returns are just paper talk. From this perspective, transparency itself is the best due diligence tool.
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ETHmaxi_NoFilter
· 8h ago
That's right, on-chain data is right there, if you're too lazy to check, you deserve to get liquidated.
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Really, if there's an audit, you dare to buy; if there's no record, you go around bragging about returns. This trick is old.
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Transparency = the strongest moat; everything else is nonsense.
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I just want to know how many people still believe in the "returns" that aren't on-chain. Laughing to death.
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Skipping unverified contracts is basic operation, right everyone?
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They hype up the pump aggressively, but when it comes to cashing out, they start to bicker, just like always.
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On-chain verification is indeed the fastest way to filter out the trash.
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Unclear fee flows? That’s just stealing your money, no other explanation.
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People too lazy to check chain data themselves deserve to get wrecked.
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What high returns? No on-chain record, just a bubble. Don’t fool yourself.
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NeverVoteOnDAO
· 14h ago
If you can see it clearly on the chain, don't be fooled. It's that simple.
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TxFailed
· 14h ago
ngl, learned this the hard way... spent like 10k in gas fees just to realize the "yield" was literally just cached data. if it's not on-chain, it didn't happen, period.
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AirdropCollector
· 15h ago
That's right, on-chain data doesn't lie, but I find that many people simply don't want to check and just like to hear stories.
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OnChainDetective
· 15h ago
On-chain data can't lie, but wallet addresses can. I suspect that behind a bunch of "audits passed" projects are the same group of addresses manipulating things. Has anyone really tracked the flow of funds carefully?
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AirdropHunterZhang
· 15h ago
Haha, finally someone said it. All the coins I lost were due to falling for these kinds of "pseudo-yield" schemes.
Those who go all-in on unaudited contracts are pure gamblers. I now rely entirely on on-chain records to speak.
Even for free projects, you need to clarify the flow of fees; otherwise, today's freebie is tomorrow's rug pull.
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BoredApeResistance
· 15h ago
Contract audits, on-chain data, transaction records—honestly, they're not that mysterious. It all depends on whether you're willing to write on the chain.
A bunch of projects boast about daily returns, but when you check their transaction records? It's just air. Transparency, you see, is more honest than any marketing copy.
It took some time to study the fundamentals of on-chain projects and found that what is truly worth paying attention to isn't that complicated.
The core points are: Has the contract passed an audit, are the fees and revenue flows written on the chain, and can ordinary people verify these data themselves. In simple terms, this information is all public and anyone can check.
The most critical issue is—many projects hype up "returns" which are actually a pseudo-concept. Unless those returns are truly distributed on the chain, it's just empty talk. Without on-chain transaction records, any high returns are just paper talk. From this perspective, transparency itself is the best due diligence tool.