What is #SAFU đ¤
â The Secure Asset Fund for Users (SAFU) is an emergency fund that was established by Binance in July 2018 to protect users' funds.
â During unscheduled maintenance, Changpeng Zhao (CZ), former Binance CEO, tweeted out to users stating: Funds are safe
â In 2018, a content creator named Bizonacci uploaded a video on YouTube titled âFunds Are Safuâ. It quickly spread and became a viral meme. Since then, the community began using the phrase "Funds are SAFU."
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