SafeDAO Update Week of Aug 23, 2024
Welcome to this week’s SafeDAO Governance newsletter! This week, proposals with enough signalling from Delegates and Guardians have entered Phase 2 (Voting Phase) and will be live for voting in Snapshot until Monday, September 2nd, 2024. With seven proposals advancing to Phase 2, it’s time for $SAFE holders to make their voices heard! Your participation and feedback are vital in shaping the future of SafeDAO.
SafeDAO Governance:
Keep track of all SafeDAO’s governance activities, discussions, and important dates.
Snapshot Proposals
We are currently in Phase 2 of Season 3 Sprint 3. This Sprint runs until Monday, September 2nd, 2024. In total, 7 proposals passed to Phase 2 
.
The voting deadline is Monday, September 2nd 2024 16:00 UTC. If you are a $SAFE hodler, please head to Snapshot and cast your vote!
Here is a comprehensive summary of the key aspects of the proposals:
| SEP # & Discussion Link | Summary | Snapshot Link |
|---|---|---|
| SEP #37 | Areta seeks to extend the Contribution Efficiency System (CES) to support SafeDAO’s OBRA initiatives during organizational restructuring. It requests $35,000 USDC to maintain operational management, stakeholder engagement, and produce a final report. | Vote on SEP #37 |
| SEP #38 | StableLab proposes a $35,000 USDC initiative to enhance governance participation within SafeDAO by providing regular governance updates, onboarding support, and interactive community engagement activities across Sprints 3 and 4 of Season 3 and all Sprints of Season 4. The initiative aims to increase voter turnout, reduce abstention rates, and improve the quality of governance proposals | Vote on SEP #38 |
| SEP #39 | Curia proposes a $50,000 USD initiative to extend the SafeDAO Governance Analytics Dashboard for six months, ensuring continued access to governance insights and analytics, and developing a public API to meet growing demand for data access. This initiative, aligned with the Wildcard Strategy, aims to enhance data-driven decision-making within SafeDAO by maintaining monthly reports and integrating API services for broader stakeholder use | Vote on SEP #39 |
| SEP #40 | The proposal suggests amendments to SafeDAO’s governance cycle by removing “Phase 0,” introducing a proposal change freeze period, and shortening the voting period to nine days with a subsequent reflection period. These changes aim to improve proposal review efficiency, reduce confusion, and allow time for reflection before starting the next cycle. | Vote on SEP #40 |
| SEP #41 | FinOps3 proposes a $25,000 USD initiative to produce bi-weekly Safe Ecosystem Roundups and 10 highlight campaigns in blog and video formats over five months to increase awareness of the Safe ecosystem. This initiative, aligned with Strategy 3, aims to enhance understanding and adoption of Safe by showcasing ecosystem projects and providing regular updates through FinOps3’s platform and social media channels | Vote on SEP #41 |
| SEP #42 | Kolektivo Labs and Hopper Protocol propose a $35,000 USDC initiative to simulate and analyze the potential value of Safings Accounts and Safe Vaults within the SAFE token economy. Over 12 weeks, the project will conduct simulations, produce a report, and outline strategic steps for developing these features. | Vote on SEP #42 |
| SEP #43 | ZK Email proposes a $50,000 USDC initiative to implement a secure account recovery system for digital wallets using the Zk-Email SDK, with a focus on guardian-based email verification. The project aims to reduce the risk of permanent asset loss by providing an intuitive recovery process, with audits and deployments planned over three months | Vote on SEP #43) |
Keep track of governance dates, events and deadlines with the Governance Calendar. Subscribe to the Safe Community Events Calendar here.
Forum Discussions:
- Safe DAO <> Gnosis DAO Joint Treasury H1 Review - The SafeDAO <> GnosisDAO Joint Treasury, managed by karpatkey, successfully supported the SAFE token’s transferability and established efficient on-chain liquidity, generating approximately $280,000 in fees. Key achievements include maintaining 85% of SAFE token liquidity, managing the treasury with a proven non-custodial infrastructure, and earning significant returns through liquidity positions. Looking forward, karpatkey plans to increase Safe adoption on Gnosis Chain, explore strategic partnerships, and focus on SAFE token utility and monetization to enhance treasury management and ecosystem growth.
- New activity in Social Safe accounts and Safe Token Utility Sprint 1 Output
- Season 3 Sprint 4 Important Dates
Safe Events:
Learn about upcoming events and stay informed with summaries of community calls.
- Join Safe Events at Korea Blockchain Week!
From the Ecosystem:
*Catch up on news and media from the Safe Ecosystem
Learn how to set up your Safe{Wallet} with this step-by-step guide
Announcements: Launching Safe{Foundry}, a new initiative to publish open-source research on Chain Abstraction through Smart Accounts
Blog: How Safe{Foundry} is pushing toward Chain Abstraction
Community Support Channels
- For technical concerns, go to Stack Exchange.
- For transactional or recovery issues, the Safe Help Center is recommended
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!