# Safura Protocol

Safura is a DeFi cover alternative for risk-sharing among members. It allows members to purchase various cover products to protect against risks. The $SAFU token is used within the protocol for risk sharing. 

### How it works?

### User: 

1. **Purchase Coverage:** Secure cover by staking $SAFU tokens in dedicated staking pools.
2. **Receive Token:** After purchasing protection, you’ll receive a modifiable NFT representing your coverage.
   1. These NFTs allow users to:
      1. Adjust the coverage amount and duration.
      2. Extend their existing coverage.
      3. Transfer the coverage to other addresses easily.

Each cover policy is represented by an NFT, providing users with full transparency and control. 

3. **File a Claim:** In case of a loss, file a claim for part of the cover amount while maintaining active coverage for the remaining balance.

### Protocols:

1. **Become eligible** for the coverage. (Multiple audits required)
2. **Choose embedded protection** (& on Safura) or **only on Safura** to be purchasable.
3. **Get a share of the revenue** generated from your coverage.


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