Many thanks to @Steven and @lukas for putting this proposal forward. The potential design space for Safe token utility is vast, and this is a solid platform to build upon. We’re really excited by the plan for abstraction beyond accounts, but to networks, security, usernames, and payments as well.
On token utility, we generally view it in 3 segments:
- Value capture
- Value distribution
- Value protection
We’re aligned with the community that:
- Value can be captured with the Safe Fee Engine (though in this case, we feel “value creation” is the right term)
- Value can be distributed with the Safe Activity Program
- Value can be protected with token sinks & staking mechanisms
How value can be captured & created with the Safe Fee Engine is clear at this stage. Understand that the mechanisms to distribute and protect Safe token value are yet to be extensively defined as they are subject to further DD, but we’d like to propose a few potential areas to explore and revisit in the future.
In this doc, you’ll find a table outlining the key stakeholders to incentivise to drive adoption of Safe smart accounts, how tokens can be distributed to them, and what token sinks can be implemented: Potential Safe Token Value Distribution - Google Docs
The document is open for comments, looking forward to your thoughts & further ideas @Steven @lukas @corbinpage @LuukDAO @pet3rpan-1kx @AccelXR-1kx @Andre @lakejynch @felix_greenfield @adamhurwitz.eth et. al