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To evaluate security, begin by checking if the project has undergone regular audits by reputable third-party firms. These audits help identify vulnerabilities in the smart contracts or underlying code. It’s also important to look at how the project handles user data—are they following best practices for encryption and privacy? Review the team's response to any past security breaches—did they act swiftly and transparently? Projects with robust security measures, such as multi-signature wallets and bug bounty programs, demonstrate a commitment to protecting both user assets and project integrity.
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