SafeDAO Update Week of Aug 30, 2024
Welcome to this week’s newsletter! As we approach the final days of the voting phase of Season 3 Sprint 3, now is the time for all Safe Delegates and $SAFE holders to make their voices heard in Snapshot.
Looking ahead, Sprint 4 of Season 3 will begin next Monday, September 2nd, marking a review period where no new funding or OBRA proposals will be submitted.
SafeDAO Governance:
Keep track of all SafeDAO’s governance activities, discussions, and important dates.
Snapshot Proposals
We are currently in the last days of Phase 2 of Season 3 Sprint 3. The voting deadline for this Sprint is Monday, September 2nd at 17:00 UTC. At time of writing, all OBRA proposals in Snapshot voting are below voting quorum, so if you are a Safe Delegate or have SAFE holdings, head to Snapshot and cast your vote!
If you want a comprehensive overview of each proposal, you can check our previous Weekly Updates.
Next Monday a new Sprint will begin. Sprint 4 of Season 3 is a review period. Therefore, no funding / OBRA proposals are to be submitted. Additionally, the timeline is subject to change depending on the ratification of SEP 40 (Governance Cycle Amendments).
This Sprint will run from September 2nd until September 30th and these are the important Dates📆:
Monday, September 9th 23:59 UTC, deadline to submit proposals to Phase 1.
Wednesday, September 11th 16:00 UTC: Governance Call to review proposals.
Monday, September 16th at 23:59 UTC: Deadline to signal maturity for Phase 2.
Wednesday, September 18th - September 30th: Voting Period.
Keep track of governance dates, events and deadlines with the Governance Calendar. Subscribe to the Safe Community Events Calendar here.
Forum Discussions:
- [Discussion] Creating SafeDAO’s first revenue stream through Community-Aligned Fees: This proposal, submitted by members of the Safe Ecosystem Foundation (SEF) to Sprint 4’s Phase 0, aims to strengthen the economic sustainability of SafeDAO by leveraging the recently launched Native Swaps in Safe{Wallet}. The proposal outlines a mechanism where fees collected from third-party integrations within Safe{Wallet} will be converted into SAFE tokens and transferred to SafeDAO’s treasury, allowing the community to govern these funds. This approach not only enhances token utility but also empowers the SafeDAO community by aligning revenue generation with ecosystem growth. If ratified, this would mark the first income stream directly under the control of SafeDAO, enabling more sustainable and community-driven resource allocation.
The discussion is ongoing, and your feedback is crucial—be sure to join the conversation and contribute your insights!
Safe Events:
Learn about upcoming events and stay informed with summaries of community calls.
- On Wednesday, September 11th, the Safe Governance Call will be held to present and discuss the latest OBRA proposals, share governance updates, and answer any questions from the community. If you are unable to attend, the session will be recorded and uploaded later.
- Safe will be at Korea Blockchain Week happening in September 1-7. Check out the scheduled events and meet the Safe team and community in person!
From the Ecosystem:
Catch up on news and media from the Safe Ecosystem
Blog: Introduction of Community-Aligned Fees- Partnership: Picnic is now part of the Safe{Core} Gas Station
grant program. 
Merch: If you are attending Korea Blockchain Week, stop by one of Safe’s events and get an exclusive Travel Sticker.
Announcements: Safe{Pass} Points boost! Use DeFi Saver between August 26th and September 2nd and get 2x points you normally earn on your tx.
Campaign reminder: You can still deposit into a Morpho Vault using your Safe{Wallet} and receive $MORPHO rewards and Safe Points.- Announcements: Safe{Pass} points have dropped! Check your Safe{Pass} now to see your updated points from last week’s activities in pass.safe.global
- Announcements: A new governance proposal by the Safe Ecosystem Foundation has been proposed in the forum. Join the discussion about the first source of revenue for the Safe DAO.
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!