Introducing EmberSAFE 🔒
Hi Ember Crew,
Ember Fund is proud to announce its own SAFE fund to support all of our portfolios, in an effort to bring security & peace of mind to DeFi investing.
Our mission is to bring institutional fund management technology to anyone with a mobile device. While users hold onto their own assets entirely on Ember, we recognize the importance of security in extreme cases while using Ember technology. Federal insurance (SIPC or FDIC) isn’t readily available in the crypto space yet, so Ember has decided to get creative and help fill some of the gaps.
Starting August 1st, 2021, a portion of the company’s treasury will be allocated to EmberSAFE which will be held in a variety of productive assets so that it continues to grow. Ember has no plans to use these funds, but pledges to utilize them to protect Ember users from smart contract & technical risk on the Ember Fund platform.
We hope this brings peace of mind to everyone, and sets a new standard of security for the industry.