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Safu

Decentralized insurance protocol based on restaking

Performances

Comparison

Details

This content is generated by RD AI and is for reference only

SAFU Protocol is a decentralized insurance protocol built on restaking and yield-bearing assets. It allows users to deposit yield-bearing assets (such as BUIDL, eETH, USDe) into insurance markets, sacrificing a portion of yield to provide insurance coverage for other assets. insurance underwriters (restakers) can earn returns by supplying capital. The protocol is governed by SAFU token holders, who adjust yield distribution ratios, curate market assets, and manage the fee switch. Its mechanisms are executed automatically via smart contracts.

Ecosystem(1):
Founded:
2024

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