FAQ

What protections are included in the Safura Cover products? Safura offers coverage for various risks associated with digital assets, including​:

• Cyber-Attacks: Coverage for losses due to hacking incidents targeting wallets, platforms, or other digital asset infrastructures.​

How do I know my claim will get paid?

• Safura operates as a DAO, where claims are assessed by auditors/ security experts from AuditOne, and the claim is voted on by all DAO members. The protocol ensures that when a claim is filed and approved, the necessary funds are available to facilitate the payout. If a claim is approved, the staked $SAFU tokens allocated to the relevant cover product will be burned proportionally across all stakers to facilitate the claim payout.

Community Involvement

How can community members participate in Safura?

• Community members can engage with Safura by contributing to the DAO's decision-making processes, participating in staking activities, and supporting the platform's growth through various initiatives.​ If you are interested in contributing to the DAO, please join our Discord and check current DAO tasks on Dework.

What role does the community play in Safura's governance?

• As a DAO, Safura relies on its community for governance. Members can propose and vote on changes, ensuring that the platform evolves in alignment with the collective interests of its stakeholders.​ As a member, you can also contribute to the DAO and help build it.

Tokenomics

What is the $SAFU token?

• $SAFU is the native token of the Safura platform. It plays a central role in the ecosystem, facilitating various functions such as staking, governance participation, and accessing coverage services.​

How is the $SAFU token distributed?

• The distribution model of $SAFU tokens is designed to incentivize active participation and ensure a fair allocation among community members, contributors, and stakeholders.​ The token will be fair-launched on Metropolis in Q2 2025. The total supply is capped at 20M with the following distribution: 45% (9M) Safura DAO (Contribution, bounties & marketing), 25% (5M) Community Incentives, 20% (4M) Fairlaunch, 10% (2M) AuditOne Treasury (vested).

What is the purpose of staking $SAFU tokens?

• Staking $SAFU tokens allows community members to contribute to the platform's security and stability. In return, stakers may receive rewards, fostering a mutually beneficial relationship between the platform and its participants.​ By staking, new capacity for the covers is created so that other members can purchase covers.

How does $SAFU integrate with Safura's coverage pools?

• $SAFU tokens are utilized within coverage pools to provide protection for audited smart contracts. Covers can be bought with $SAFU, or cover capacity can be increased by staking it.

How much % supply will NFT holders receive?

• NFT holders themselves are not allocated a direct percentage of the $SAFU token supply. However, NFTs secure your spot in the fairlaunch, which gives early access and possibly whitelist benefits.

• The Fairlaunch itself is allocated 20% of the total supply (4 million $SAFU tokens out of 20 million). NFT holders can participate in this fairlaunch if they win or hold an NFT, but they do not automatically receive a percentage of tokens just for holding the NFT.

What is the use of holding an NFT?

Utilities of the NFT include:

• Guaranteed access to the $SAFU fairlaunch.

• Whitelist eligibility through Galxe and Twitter quests

• Participation in future community activities like quests and engagement campaigns.

Can I win multiple NFTs?

• Yes, it’s possible to win multiple NFTs by actively engaging in Twitter and Galxe quests—unless future rules specify otherwise.

When will the Fairlaunch start?

The Fairlaunch will start on April 19, 2025, on Metropolis DEX.

• Participants contribute $Sonic tokens ($S) and receive $SAFU-$S LP tokens.

• Everyone gets the same token price.

• A total of 4,000,000 $SAFU tokens (20% of total supply) are allocated for this event.