Secure Asset Fund for Users (SAFU)

Oleh CoinGecko | Diperbarui pada Mar 03, 2020
On the 3rd of July, 2018, Binance announced the Secure Asset Fund for Users (SAFU) as an emergency insurance fund to protect their users in the event of any hacks or security breaches. The SAFU fund is collected as a portion of users' trading fees, and increases as more users trade on Binance

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Masternodes
Computers that are responsible for processing blockchain transactions and receive a reward when a block is mined.
Satoshi
A unit measure for the smallest divisible unit of a bitcoin. 1 bitcoin is equal to 100 Million Satoshi.
Peer to Peer
A communication protocol that does not require a central hub
Total Value Locked
Total Value Locked (TVL) represents the number of assets that are currently staked in a protocol or the total quantity of underlying amount of funds that a DeFi protocol has secured.
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