Important message concerning centralized the xchange

Protocol Improvement Proposals
1

Dear UnoRe Community,

This is more of an advice or suggestion. I opine that UnoRe should only provide cover for Tier-1 CEX. Any CEX outside the Tier-1 should not be considered due to unforeseen circumstances that could result to loss of control and user trust. It’s no news that SEC are mostly targeting CEX now, and any FUD on smaller exchanges may lead to a downfall which could have a huge negative effect on UnoRe.

This is my 2 cents. Hope it means something to you.

3 Likes
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Currently we don’t provide coverage for the risks related to CEXs.

1 Like
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Oh great. That’s fine btw. You said “Currently”, will it ever be considered in the future?
Keep building and engaging the community on all socials. $UNO to the moon :rocket: