Fortunately for investors and users, smart contract audits have become a golden standard. However, when every project has one, it’s no longer an easy indicator of value. This is why it’s incredibly important to read the audit yourself. Even if you don’t have the technical knowledge, it’s helpful to take a look at the comments and severity of potential issues.
When you do come across an audit, you should now at least have an easier time understanding its contents. As always, make sure that any investment decision looks at the whole picture and takes all information into account.