The security of any currency model is based on the trust deposited by all market participants. This trust is based on transparency and a clear understanding of the processes behind issuing tokens, price interventions, and legal aspects. Central Banks follow certain principles to protect the value of a government-backed currency, such as measures to avoid inflation or other destructive forces. Issuing a token requires an added layer of technical security to avoid being hacked or other malicious activities. What are the security features to protect token holders against loss of funds?
The security aspect has many layers. It starts with the smart contracts (the code that constitutes the token and the staking programs) and extends to how we handle user data, wallet movements, and compliance issues.