All Funds are SAFU — SafeDollar is NOT affected by Iron Finance incident
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 irrelevant to SafeDollar.
- Again, SafeDollar is NOT affected by any bank-run issue.
To all degens out there, we all know that DeFi is still at an early stage. These kinds of incidents are not uncommon. And we know how hard it is to be at the epicenter of it, especially for DeFi builders and users, investors who could have lost substantial part of their savings. To lighten this burden and to show our support to the TITAN community, we are adjusting our airdrop to dedicate 50,000 $SDO (worth $650,000 at time of writing) to TITAN holders.
Snapshot of TITAN holders before the incident is being captured. After that, TITAN holders can claim the airdrop at https://app.safedollar.fi
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