SAFU is building an insurance marketplace for crypto assets that uses staked ETH as on-chain coverage for Ethereum applications. Instead of traditional, policy-bound coverage, SAFU creates a fungible token representation of insurance that plugs directly into existing DeFi “money legos,” making distribution and integration with current crypto infrastructure significantly easier. The platform’s business model is based on taking commissions on insurance premiums, with an initial focus on institutional customers that need scalable, programmatic protection for their on-chain positions. Unlike competitors such as Nexus or Katalysis, SAFU insures assets rather than individuals, eliminating the need for KYC and reducing onboarding friction. Led by a young, highly driven team that prides itself on energy and commitment, SAFU aims to redefine how insurance works in Web3 by turning coverage itself into a liquid, composable asset.