ChainCatcher news, the Chinese Decentralization Futures Trading platform Sun Wukong holds a community AMA, answering user questions on safety mechanisms, risk control design, transparency, and user feedback mechanisms.
The spokesperson for the Sun Wukong community stated that the platform adopts smart contract self-custody and multi-signature mechanisms, with assets fully verifiable on the chain. Since the public test, there have been no security incidents on the platform, and the assets have exceeded 50 million USD.
In terms of risk control, Sun Wukong has built a three-tier defense system consisting of an automatic clearing system, a price oracle anti-manipulation system, and AI-driven 24/7 abnormal volatility monitoring. Since the public test, it has processed over 1.8 billion USDT in transaction volume with zero systemic risk events. Regarding transaction transparency, the fee $SUN repurchase and others are ongoing simultaneously, and the community can track income distribution in real-time.
In addition, Sun Wukong has established a multi-channel user feedback mechanism, and the team plans to launch the trading number in Q4.