Know the boundaries
Privacy, risks & disclosures
Self-custodial credit · Separate conversion · Transparent Zcash. Read this alongside the route details and approval screens before using funds.
Current product and future vision
safefunds is building toward connected stock-backed borrowing and private payouts. Today, loans are public USDG loans on credit network (4663). Conversion to Monero or transparent Zcash is separate, requires wallet approvals and is not automatically triggered by borrowing.
Privacy boundaries
Collateral, loans and repayments remain public. Monero receipt does not hide the public loan or information observed by conversion services. Zcash currently arrives at a transparent t1 or t3 address; shielded and unified addresses are not supported. Shielding later cannot erase the original receipt. No anonymous or unlinkable borrowing history is guaranteed.
Collateral and repayment
Only eligible Stock Tokens on the supported chain can be collateral. Prices, liquidity and borrowing rates can change. Your collateral may be liquidated when the market threshold is reached. Debt, interest and repayment remain in USDG. Conversion failure or a refund does not repay or cancel your loan.
Conversion routes and costs
The Zcash route converts USDG to transparent Zcash. The Monero route first converts USDG to USDC in your wallet on Base, then requires a fresh quote and a separate USDC-to-Monero approval. Quotes are not reserved across both legs. Users pay network gas and conversion fees and need ETH on the source networks. Review amounts, expiry and fees before approving.
Processing and recovery
Conversion services temporarily control deposited funds and may screen, delay or reject a transaction. Addresses and order details are shared with processors under the terms shown before order creation. Support or screening may require leaving safefunds. Confirm receipt in the destination wallet. Never repeat an uncertain deposit; restore its order and check status first.
Beta verification
Live quotes and unfunded order/status checks have passed. Complete funded cross-chain delivery and refund flows have not been verified end to end by safefunds. A working interface or successful quote is not proof of successful settlement. This is not a fully verified private-payout system.
Wallet and recovery records
safefunds does not request seed phrases or private keys. Approvals occur in your wallet. Browser recovery records are unencrypted and can contain sensitive transaction information; keep your device and exported records private. Check the network, asset, recipient and exact transfer amount before signing.