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How to DYOR in Crypto? The Essential Guide
DYOR (Do Your Own Research) is a must in crypto. Whether it’s a new token, dapp, or platform, taking some time to investigate what you’re dealing with can save you from serious losses.
Here's what smart research looks like:
1. Check fundamentals
See if the project is open source (e.g., has
reproducible builds on GitHub), read the white paper if available, or look for any other public documentation—this means everything can be verified down to the detail.
2. Understand the value
Does it have a real use case? If it’s just hype with vague promises, think twice.
3. Look for audits
Being audited by leading cybersecurity firms is a strong sign the team prioritizes security and transparency.
4. Evaluate the community
A strong
,
, or
presence is important, but beware of overhyped shilling, promotional content, and fake engagement.
5. Check multiple sources
Don’t rely on a single tweet or blog—dig deeper. Use platforms like
CoinGecko,
DeFiLlama,
Nomis Protocol, and others to make smart decisions.
If you made it to the end, we have a little reward for you—
$MY Airdrop
Head over to the
Nomis channel for details and claim your tokens
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