[SEP #2] Community Initiative To Unpause Token Contract (Enabling Transferability)

We understand the excitement around the SAFE token and opportunity for price discovery, but we think the best path for the SafeDAO is to enable transferability later.

The inception of a DAO is a critical time to curate aligned stakeholders and rally the DAO around a shared vision and goals. Our current crop of token holders (e.g. Safe Guardians) is a well-curated set of potential DAO participants; and we believe we should prioritise enhancing their participation instead (e.g. with tools like NotiFi). The Constitution aligning our mission, goals, and principles has also yet to be agreed upon by the DAO.

Hence, we think the best time to enable transferability is once a few minimum viable milestones are met:

  • Until after the claim deadline so that all eligible and active token holders are included
  • The Constitution is ratified by initial token holders
  • The first metagovernance proposal (OBRA) has passed
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