SAFE Token Utility Proposal

Also can’t wait for this to be put to next stage. However, imo, I think we’d be wise to not prematurely rush it into this sprint just for the sake of timing for two reasons:

1. Regulatory Clarity
Imo, some of the points @rmourey26 made regarding regulatory certainty are valid. We would be wise to achieve a deeper level of regulatory and legal understanding before presenting the condensed token utility proposal. This would also save us unnecessary time and mindspace, i.e., can avoid discussions on utilities that may not be legally feasible in the first place.

2. Implications of OBRA
We should conclude the underlying elements of OBRA (e.g., details on strategies) to the extent that we understand its implications on Token Utility (e.g., determining if parts of this will be funded through OBRA). I recall this being a topic in the last community call and there is still a very active discussion around it. @adamhurwitz.eth being mindful that you contributed a lot to the OBRA discussion already, would be amazing to get your view there.

Would love to hear others’ opinions on this.

2 Likes