Just now, my phone popped up a red dot again: someone from the chain treasury has allocated funds again... Now, when I see the words "Treasury Expenditure," my first reaction isn't excitement, but to ask: where did the money go, and what homework needs to be done after spending? To put it plainly, it's about whether the project team is serious or not, not how fancy the PPT is (terms like modularization, DA layer make developers excited, but users are mostly confused), but whether they dare to break down the milestones: which feature does this money correspond to, who is responsible, when is the acceptance, and how to handle if it's not completed. I'm most afraid of those "ecological incentives" that end up being a bunch of payments to their own people without leaving a trace. Anyway, I now prefer to see slower progress, but with each funding, there are verifiable deliverables and reviews; otherwise, no matter how beautiful the token model is, it's just decoration. That's all for now.

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