Why SAFU is needed
The world of cryptocurrencies is vulnerable to a multitude of risks: from technical vulnerabilities to hacks, bugs, and internal errors. Even the largest centralized exchanges are not immune to incidents. In such conditions, exchanges that care about their reputation create funds that can be used in emergencies.
Here are the main reasons why SAFU was created:
protection of user funds in the event of hacks
compensation in case of technical failures
maintaining trust in the platform
insurance mechanism in case of force majeure
strengthening reputation and transparency
The presence of SAFU increases user loyalty and reduces panic in critical moments.$BNB $PYTH $KAVA