SAFU
(Secure Asset Fund for Users)
This ensures that an emergency fund is held to safeguard all funds that have been deposited. In the case of a hack or other event resulting in the destruction of user properties, this money will be used to reimburse investors.
SAFU has become a security standard that aims to balance the volatility and exposure that the cryptocurrency world has to the risk of losing assets. Various cryptocurrency projects and companies have begun to incorporate it and announce the creation of these funds for user security.
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