Safe platform carried out airdrop of governance token SAFE

The Safe platform for managing digital assets (formerly Gnosis Safe) carried out an airdrop of the SAFE token as part of the transition to a decentralised governance model.

SafeDAO and Safe Token are officially live 🚀

And since we’ve rebranded, this is just a reminder that we’ll be phasing out the @gnosisSafe handle over time 😢

Please follow our new handle @safe to stay up to date with the Safe Ecosystem. https://t.co/AlmyA2RX7c

— Safe | Gnosis Safe (@gnosisSafe) September 28, 2022

Among 43,000 users, 2.5% (about 25 million SAFE) of the total supply were distributed. A further 2.5% will be distributed over four years under a vesting schedule.

• 15% — core developers;
• 15% — Safe Foundation;
• 60% — the SafeDAO and GnosisDAO treasuries;
• 5% — ecosystem projects.

The main objectives of the airdrop were stated as rewarding the most active users and decentralising Safe governance.

Earlier in July, the platform rebranded to Safe and raised $100 million in a strategic financing round.

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