Safe{DAO} Proposes First Revenue Stream via Community-Aligned Fees
Safe{DAO} Proposes First Revenue Stream via Community-Aligned Fees
🤑 Safe's $2.5M community windfall?
Safe{DAO} is discussing a proposal to accept its first revenue stream through community-aligned fees. The proposal suggests pledging new annualized fees of ~$2.5M to Safe{DAO}. This move aims to convert the potential of Safe's ~$65B TVL into value for the community.
Key points:
- Native Swaps with CoWSwap is the first example of generating fees through Safe{Wallet} integrations
- More embedded features are expected to add to community-aligned fees
- The proposal is open for discussion on the Safe governance forum
This initiative could create a flywheel effect, potentially shaping the future of Safe and its community.
🚨 Today, @safegovernance begins discussing community-aligned fees. New annualized fees of ~$2.5M are proposed to be pledged to Safe{DAO}. What does this mean for the future and the Safe community flywheel? 🧵 ↓
Safe Launches Guardrail to Protect Against Malicious DELEGATECALL Operations
Safe Research introduces Guardrail, a new security tool for smart wallets that controls DELEGATECALL operations - a powerful but potentially dangerous smart contract feature. Key features: - Allowlist-based control of DELEGATECALL operations - Time-delayed additions to the allowlist - Instant removal capability for quick threat response - Works like a security checkpoint for all transactions This release follows Safe's recent security upgrade with Blockaid integration, which added real-time transaction simulation and address poisoning protection. [Learn more about Guardrail](https://safe.global/blog/safe-research-guardrail-locking-down-delegate-calls)
Safe Expands Smart Account Infrastructure with Solid Integration
Safe continues expanding its smart account infrastructure through strategic integrations. Key developments include: - Partnership with Solid to enhance DeFi user experience - Full deployment on Polygon zkEVM - Integration of Safe{Wallet} and Safe{Core} for developers The platform now offers improved tools for asset management and dApp development with abstracted user interfaces. Developers can build and interact with the ecosystem while users benefit from enhanced security features.
Safe Transfer Volume Exceeds $15B Weekly Across Chains
Safe's weekly transfer volume has rebounded to over $15B across multiple blockchain networks. While Ethereum mainnet maintains its leadership position, other chains are showing significant growth. This represents a substantial increase from earlier periods, with Safe's total transfer volume now accounting for 17.19% of the EVM market share, up from approximately 10% in recent months. Key points: - Weekly volume surpasses $15B - Multiple chains showing growth - 17.19% of total EVM market share This growth pattern indicates increasing adoption of self-custody solutions across the blockchain ecosystem.
Safe{CON} Announces Ethereum Foundation Speaker for DeFiPunk Vision Talk
Safe{CON} has confirmed Ethereum Foundation's @hwwonx as a featured speaker for their upcoming conference. The presentation will explore Ethereum's DeFiPunk vision, adding to a growing lineup of blockchain thought leaders. This announcement follows the tradition of securing prominent speakers in the Ethereum ecosystem, similar to DΞVCON1's previous booking of Nick Szabo as keynote speaker. - Focus will be on Ethereum's DeFiPunk vision - Speaker: @hwwonx from Ethereum Foundation - Part of Safe{CON}'s speaker series
Safe{CON} Speaker Spotlight: Fileverse's Andreas Tsamados
Andreas Tsamados (@miroyato), co-founder of Fileverse, will present at Safe{CON} 2 in Berlin on May 23. His talk explores the intersection of cypherpunk principles and data self-custody, focusing on DeSoc primitives built on Safe infrastructure. Key topics: - Data sovereignty and self-custody solutions - Subversive technology applications - Safe asset management integration Join the discussion at [Safe{CON} 2](http://conf.safe.global) to learn about the future of decentralized data ownership.