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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