📄️ Safe Pledge
As pFIL is required to be fully backed by FIL in a 1:1 ratio, every pFIL minted must be backed by 1 FIL worth of “safe” asset owned by the Repl protocol. The safety of these assets will be compromised if the underlying assets are slashed due to miner faults. In the rare event that the miner is continuously faulting, a forced termination is a necessary risk control measure to ensure that the liquidated assets are sufficient to continue backing pFIL.
📄️ Audits
Safety is always our #1 priority. We regularly invite reputable security audit firms to conduct detailed examinations of our core protocol contracts, ensuring they meet the highest standards of security and reliability.