Binance

Binance created the saphu fund in case of a hack or margin liquidations that don't go right and they need to overa re collateralize some trades. It's fairly normal to have ten % of all your transaction fees, or all the assets that you're doing in a levered position, to be held in reserve as a back up in case things go bad. One of the things we'll be implementing in the coming year on tacava is just that. The numbers aren't specific yet, but in at least in the implementation, ill become a bit more clear. But it'll be roughly about ten percent o as a back-up fund at all times.

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