Is anyone looking into smart contract code / audits, before you interact with it?

Hey!

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Would love to learn if anyone before they interact with some smart contract (be it buying NFTs from a drop, interacting with yield farm or DeFi protocol) look at the code (or ask someone to do it for you)? Or check audits (if there are any)?

As I myself usually do this to just understand more from high level: what are the owners power, what parameters can they change, what are actual fees in the contract itself, is there any risk etc.