Safe PriceSAFE

Over 8M Safe accounts made >40 million transactions in April 2023. Battle-tested open-source contracts have been confirmed and examined several times. Since 2018, Safe has remained the industry standard for security with no serious security incidents.

What's $SAFE?

$SAFE is the native ERC-20 governance token. It manages Safe ecosystem infrastructure, including the following: 

1. Safe contracts
2. Default interfaces
3. On-chain assets.

Why Should You Use Safe Accounts?

Single private keys are commonly generated from 24-word secret phrases. They manage traditional web3 accounts. Owners of this private key manage the account. However, these private keys often are lost or hacked, resulting in account asset loss.

Safe employs smart accounts. The best part about these accounts is that they can be customized for various user groups' custodial needs. These needs are: 

• Multi-signature, community-control, social login
• Passkey authentications.
• Modules for account automation
• Expenditure limitations
• Roles or hierarchies.
• Mechanisms for recovery and inheritance using Safe{RecoveryHub}
• Better transaction experience (batching, gas abstraction)
• Transaction checks, hybrid custody.

Tokenomics

SafeDAO is regulated by the SAFE token. SAFE coin holders may vote on SafeDAO governance. To learn more about Safe{DAO} governance, see the resource center.

• SAFE Activity Program

Locking SAFE increases Safe ecosystem players' incentives.

• Future Utility

As the Safe ecosystem grows, the SAFE token utility design space will grow. SafeDAO may vote on token utilities and guide future research. 

• Participation

Community participation in SAFE token utility development is welcomed.