Gnosis Safe Announces Plans To Airdrop 50 Million SAFE Tokens

Gnosis Safe revealed intentions to airdrop 50 million SAFE tokens to numerous Safe wallets on Thursday to secure the smooth launch of its DAO (decentralized autonomous organization). Smart contracts support Gnosis Safe’s multi-signature wallet. A multi-signature or multisig wallet needs multiple users’ signatures to complete transactions. Users can connect with decentralized applications (DApps) and safely store Ethereum and ERC20 tokens using Gnosis Safe. The proposal for SAFE User Distribution is live now on our forum. https://t.co/Ua0xYMiURS — Safe | Gnosis Safe (@gnosisSafe) August 18, 2022 Safe – Digital Asset Manager Gnosis Safe, an original product of the Gnosis ecosystem, changed its name to Safe last month after breaking away from Gnosis. The SafeDAO and the SAFE coin were both approved for launch by the Safe community. Over 45,000 Ethereum addresses that qualify for airdrop were listed in a spreadsheet that Safe provided along with the airdrop announcement. Users who created their addresses before the proposal to start the SafeDAO on February 9, 2022, are eligible for the airdrop. Safe co-founder Lukas Schor wrote in the proposal, “By giving control over the core components of the Safe ecosystem to the SAFE Token holders, the SafeDAO is enabled to introduce value capture and reward programs that supercharge the Gnosis Safe ecosystem flywheel,” Gnosis Safe provided a breakdown of the distributions in the notification ...