How are my funds kept, and are they secure enough?
Your funds are entirely safeguarded by smart contracts deployed on the blockchain, not by any centralized entity or individual, which means that only you can move your assets. Our smart contracts utilize industrial-high-standard security measures, and we plan to undergo third-party audits to further enhance fund protection.
What security advantages does zkLogin social login provide?
With zk-login, you can interact with BenFi using your established Google or Apple account system. You don’t have to manage complex private keys or mnemonics directly, and you can use social recovery options to secure your account, thereby lowering the entry barrier for users.
What happens if I lose access to my account?
Please keep your account credentials (private key, mnemonic, or Google/Apple account) safe. Due to the decentralized nature of blockchain, BenFi cannot access or restore your account. If you lose access, you will permanently lose control of the assets in that account.