Dear all, a belated thank you for the submissions. We really appreciate all the valuable effort that was put in the submissions. The POAPS should be sent out shortly to the ones that submitted ideas.
As part of the exploratory phase of designing the SAFE token, we were looking for ideas on how the it can be used in the ecosystem. The goal of this exercise was to gather as many ideas as possible allowing us to consider the input from the wider community. It was nice to see the variety of ideas that were submitted. We encourage you to check out the submission thread to see all ideas in greater detail. But at a very high level, the ideas could be grouped as follows:
- Grants & bounties: Use the token to pay for grants or bounties
- Rewards: Use the token for rewards and other incentives, such as discounts, staking or block rewards
- Curation: use the token for auditing and curating the registry in a decentralized manner
- Resource allocation: use the token to govern the allocation of resources
- Value alignment: Use the token to align incentives between Safe and other projects, through swapping tokens or revenues
- Fees: Use the token for fees
Next steps
We are consolidating ideas that we collected with some other ideas. Those are being prioritized and shaped further into some concrete proposals. Ultimately this output is used for the SEP on token utility that we are actively working on at the moment. If you have any other token utility ideas in the meantime, you are more than welcome to share them on the forum of course.
On a related note, please join us later today for our first Twitter/X Spaces, where we’ll recap Q3 achievements and preview Q4 (including the token utility milestone). We hope to see you there!
Details:
Thu, 12 Oct
18:30 CEST
Mark your calendars: https://x.com/safegovernance/status/1711429756787323002?s=20 4