Ethereum Address: 0x16E6D06f9f278f283Aa945EbD349084bD8005B21
The Safe Protocol looks to be a core public good infrastructure for web3 that aligns token utility with ecosystem interest. Safe token mechanisms can:
- Incentivize productive participation of key stakeholders within the Safe ecosystem (or select against adverse behaviors)
- Provide a gateway for users to access the utility present within the Safe economy.
Ultimately, the token mechanisms should have these above properties whilst also linking the growth and utility of the Safe Ecosystem to SAFE value accrual.
There may be many interpretations of exactly what can grant the Safe Token utility, but one interpretation could be through facilitating and enabling access to a marketplace centered on composable smart account security, across accounts, registries, modules (and the relevant stakeholder/maintainer groups) as well as end retail users.
Our CryptoEconLab - SAFE CORE Call for Input document highlights the most important stakeholders, mechanisms and examples in this economy.
Once the SAFE DAO has agreed upon a list of desired mechanisms we believe further work should be completed in the parameterization of these mechanisms (ex reward emissions, slashing), coupled with modeling to support the macroeconomic thesis that these token mechanisms couple value accrual with token utility, in alignment with SafeDAO’s wider constitutional mandate.