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 Research Explores Self-Managed Transaction Cosigners
Safe has published research on self-managed cosigners - independent agents that review transactions before execution. **Key Points:** - Cosigners act as safety nets, checking transactions before they go through - Unlike existing services from Blockaid and Hypernative Labs Guardian, this approach lets users control the verification logic themselves - Enforcement happens onchain through Safe Guards - Users maintain full control over the rules and checks This builds on Safe's earlier Fiducia research, which introduced onchain trust rules for granular control over account interactions. [Read the full research](https://safefoundation.org/blog/safe-research-cosigners-safety-nets-for-self-custody?utm_source=safe_dev)
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.
Safe{CON} Speaker Announcements
Safe{CON} has announced two notable speakers for their upcoming conference: - **@anticustody** will present on the future of onchain organizations, focusing on governance, coordination, and decision-making processes - **Gal Sagie**, CEO of Hypernative, will discuss innovations in transaction security enabled by smart accounts *Event details and registration information to be announced.* [Follow Safe on Twitter](https://twitter.com/safe) for updates.
Safe Dominates EVM Chain Transactions with 5.6% Market Share
Safe's smart accounts are making significant inroads in blockchain transaction processing: - Currently handles 5.6% of all transactions across major EVM chains - Demonstrates growing adoption of smart account infrastructure - Follows milestone of $100B+ in cross-chain flows from Ethereum This data suggests a shift toward smart accounts becoming fundamental infrastructure for large-scale financial operations on blockchain networks. *Key Context:* Safe's growing market share indicates increasing mainstream adoption of smart wallet solutions.