SafeDAO Community Updates

Hello, SafeDAO community! SafeDAO has finalised some key milestones and is progressing towards significant ecosystem advancements. Let’s dive into what’s been happening recently:

:ballot_box: SafeDAO Governance:

  • SEP 21 has passed in the recent DAO vote with 45M votes by over 1300 wallets (447.93% quorum!). The SafeDAO community has ratified the proposal on SAFE token utility, the last milestone for the DAO to complete before voting on token transferability again.

  • The proposal to unpause the SAFE token contract, thus enabling the transferability of the SAFE token, is now in Phase 0. The Safe community is invited to review the proposal details and its technical specs and chime in with their comments.

    • Summary: The proposal details the activation of the SAFE token’s transferability while ensuring that unvested tokens remain non-transferable. This strategic move, slated for potential implementation on April 23, 2024, builds upon the decisions previously articulated by SafeDAO, which had initially deferred the activation of token transferability in an earlier DAO vote. This proposal emerges in the aftermath of achieving governance milestones outlined in SEP 3, signalling SafeDAO’s readiness for this crucial transition. The activation of transferability is expected to significantly broaden stakeholder participation, enhance the utility of the SAFE token, and contribute to the continued growth and decentralization of SafeDAO.
  • Following the ratification of the token utility SEP, LuukDAO proposes the initiation of Safe Token Utility Sprint 1. This initiative seeks two additional researchers to form a working group focused on exploring and defining the most impactful use cases for the SAFE token, particularly in the realms of DeFi modules and staking. With a proposed budget of $50,000 USDC, distributed over 10 weeks, this sprint aims to systematically create a list of potential SAFE token utilities, evaluate them based on resource requirements and potential value, and refine the top 5 use cases for future development. Read more and signal your interest in the proposal.

  • SafeDAO is now in Season 2 Sprint 2 as of March 18, 2024, after completing Season 1 Sprint 1. Here are the relevant dates for this Sprint:

    • Proposal Submission Opens: Proposals for Sprint 2 can be submitted starting from Monday, 18 March 2024, 0:01 UTC. This is crucial for authors aiming to participate in this sprint.
    • Phase 1 Proposal Submission Deadline: Authors have until Monday, 25 March 2024, 23:59 UTC to submit their proposals for consideration in this sprint. Only proposals submitted by this deadline will advance to Phase 2.
    • Proposal Review Call: Scheduled for Thursday, 28 March 2024 (time to be decided), where proposals will be discussed and reviewed.
    • Signalling Maturity Deadline: Guardians and delegates must signal the maturity of proposals to move to Phase 2 by Monday, 1 April 2024, 23:59 UTC.
    • Phase 2 Voting Commences: Voting on proposals begins on Wednesday, 3 April 2024.
    • Voting Closes: The voting process concludes on Monday, 15 April 2024.

Keep track of governance dates, events and deadlines with the Governance Calendar. Subscribe to the Safe Community Events Calendar here.

:handshake: Safe Events:

SafeCon returns this Spring! Sign up now and dive into what to expect at the event.

:hammer_and_pick:Community Support Channels

:speech_balloon: Stay Connected:

  • Join the Safe community on Discord for regular updates and engaging discussions.

We value your feedback and input - let us know if you find these updates useful and how we can fine-tune them further. Reach out via Telegram (@nneomack) or directly on this forum with your feedback!

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