Safura Fairlaunch - Your funds are $SAFU

In the ever-evolving world of Web3, security and trust are paramount. With digital assets growing into a trillion-dollar economy, only 1% of these assets are protected. Safura, a platform founded by members of the AuditOne ecosystem, is set to change that through its community-driven risk management protocol and the upcoming $SAFU token fairlaunch on the Metropolis DEX.

Why Safura?

Safura introduces a unique coverage pool system for audited smart contracts, enhancing community trust and protecting against risks such as exchange failures, cyber-attacks, and lost or stolen wallet keys. Unlike traditional models, Safura offers a risk-sharing concept where the community analyzes claims, leveraging member experience and feedback for accurate risk assessment.

Key Benefits of Safura

• Security First: Combining smart contract audits with continuous risk coverage.
• Risk Mitigation: Community-driven claims assessment and a democratic approval process.
• Seamless Integration: Embedded coverage directly into DEXes and wallet front-ends, allowing optional coverage purchases in a few clicks.
  

Why on Sonic?

Sonic is the highest-performing EVM L1, combining speed, incentives, and world-class infrastructure, powering the next generation of DeFi applications. Fantom Foundation rebranded to Sonic Labs, introducing a new blockchain network called Sonic with its native token, $S. This transition was necessary as an upgrade could not incorporate all the technical enhancements in the old system.

Sonic now offers faster node synchronization and significant cuts in validator costs, lowering the entry barriers and promoting decentralization. Enhanced data management with live-pruning capabilities, reducing downtime during maintenance. A much smaller database footprint, cutting infrastructure costs by up to 96% for large-scale RPC nodes. Sub-second transaction finality, reinforcing network security by eliminating rollbacks. The new tokenomics model includes deflationary features for a healthier ecosystem. Sonic is designed to work seamlessly with Ethereum, enhancing the experience for both developers and users as it strives to compete with leading Layer-1 platforms. The Sonic Gateway ensures a secure link to Ethereum, giving users access to substantial liquidity and safeguarding their assets.

Fee Monetization (FeeM)

Developers earn up to 90% of their app's fees, promoting sustainable revenue without constant fundraising. The FeeM model draws from ad-revenue strategies, prioritizing developer rewards and user engagement. Any app on Sonic can join FeeM by applying. Non-participating apps incur a 50% fee burn, incentivizing adoption and aiding deflationary pressures on the token supply.

The $SAFU Token: Utility and Governance

The $SAFU token plays a critical role within the Safura ecosystem, acting as a governance and utility token linked to a capital pool. The token serves multiple purposes:

• Onchain Governance: Holders vote on protocol upgrades and investment allocations.
• DAO Governance: $SAFU is used in proposals and voting to decide on the use of DAO treasury funds.
• Staking: Members can stake $SAFU to create capacity for cover purchases and earn rewards from cover fees.
• Claims Assessment: Stakers participate in evaluating claims with a lockup period to prevent attacks, and fraudulent voters risk having their staked $SAFU burned.
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Token Distribution

Total Supply: 20M $SAFU

• 45% (9M): Safura DAO (Contribution, bounties & marketing)
• 25% (5M): Community Incentives
• 20% (4M): Fairlaunch
• 10% (2M): AuditOne Treasury (vested)

Fairlaunch Target: 400,000 $S (Equals roughly 200k USD as of March 17)

$SAFU NFT Token Giveaway and Fairlaunch Roadmap

14.03 Launch of the NFT Collection for Safura

The journey kicks off with an NFT giveaway, offering participants a chance to secure their spot in the upcoming fairlaunch by engaging with Twitter posts and participating in weekly Galxe quests.

09.04 Public Launch of Safura on Sonic Testnet

Experience Safura's coverage pools and risk management protocols on the Sonic testnet, setting the stage for broader adoption.

19.04 Fairlaunch of $wSAFU on Metropolis

Join early by completing quests on X and Galxe to secure a place on the whitelist, giving you priority access to $wSAFU tokens.

30.04 Launch of Safura on Sonic Mainnet

The full-scale launch on Sonic mainnet solidifies Safura's commitment to security and transparency in the Web3 space, allowing projects to integrate coverage directly into their platforms.

How to Get Involved?

1. Join the Giveaways: Participate in the NFT giveaways to earn $SAFU tokens after the fairlaunch.
2. Engage with Quests: Follow Safura on Twitter and complete tasks on Galxe.
3. Prepare for Fairlaunch: Mark your calendars for April 12 and get ready to acquire $SAFU tokens during the fairlaunch on Metropolis.

Final Thoughts

Safura is set to bring a new standard to Web3 security with its robust, community-driven protocol. The $SAFU token adds an essential utility layer, ensuring that all stakeholders benefit from enhanced security, transparency, and financial stability. Join us on this path to make Web3 a safer place for all.

Stay updated by visiting safura.io , following us on Twitter @safura_dao and on Galxe.