Stablecoin and Synthetic Assets have been rising and there is a high demand for a stable, low price-slippage and high capital efficiency DEX for this market. In parallel with the introduction of our first SafeAsset a month ago, we have been working on the solution to address this demand. …


Stablecoin and NFTs, gaming have become popular topics and are expanding at lightning speed right now. A combination of stablecoin and NFTs game will bring the whole thing to the next level.

Today we are thrilled to announce the latest partnership between SafeDollar and Meeb Master.

SafeDollar will be the…


Safe Dollar has undergone more than 1 month of construction, stability and optimization. Protocol’s features are gradually recognized and enthusiastically participated by the community. The milestones gradually recorded include: TVL of the protocol is over $3.5M ; SDO is stable at the peg ; Safe Assets are very secure with…


We are thrilled to announce that the very first SafeAssets, SafeUSDC, is ready for launching. Following the post, we are glad that we are able to launch it on time.

SafeUSDC (sUSDC)

SafeAssets is aiming to create the derivative markets for any types of assets

Inspired by FRAX’s design of…


First of all, SafeDollar team would like to express our sincere apology for the exploits that happened last 1 week. In fact, both of the exploit related PLX token (PLX version 1) only while the protocol is working fine. …


Summary

SafeDollar was recently the subject of an exploit that resulted in a loss of 202,230 USDC and 46k USDT

The protocol itself is working fine. Only the PLX version 1 pool had an issue and caused the exploit. Following is the technical analysis of the event.

The Incident

The…


Summary

SafeDollar was recently the subject of an exploit that resulted in a loss of 9,959 SDS. Below is a post-mortem analysis and our proposed steps to mitigate impact on the community.

The Incident

The attack happened on Jun-20–2021 06:21:04 PM +UTC. The hacker performed the attack from wallet https://polygonscan.com/address/0x8a0a1eb0bae23e4e95608e3aad7fa25b0d907c6c


Further to our announcement on our initial airdrop campaign, we are glad that the 8 communities have actively participated and claimed their respective $SDO. SafeDollar has also passed some important milestones in terms of TVL and number of holders. Now it’s time for us to take stock and map out what’s next. Below is what we are going to do immediately to improve user benefits and experience.

  1. The airdrop has served its purpose and will stop in due course.
  2. Tax will be exempted for 1 week, starting from June 21, 2021, when buying $SDS!
  3. Withdraw function is now enabled. Everyone can now withdraw SDS without any issue.

Thank you for your participation and support to SafeDollar.

More exciting developments is underway. Stay tune.

Join SafeDollar Community at:


Dear SafeDollar Community,

The moment we are all waiting for is here! SafeCenter is opening on SafeDollar.fi

Deposit SafeShare and earn inflationary rewards!

Read on and get full details below..

Safe Center opens on June 18, 2021, 17:00:00 UTC

Epoch 1 will start on June 19, 2021 08:00:00 UTC

Epoch…


In light of recent incident with Iron Finance, we would like to make a few clarifications as follows:

  • All funds at SafeDollar are SAFU! We are NOT affected by any bank-run which happened at Iron Finance
  • SafeDollar protocol works differently from Iron Finance, so any comparison and baseless FUD are…

Safe Dollar

Algo Stable Coin X Deflation Protocol X Synthetic Assets

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