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2026-04-02 10:04:13 UTC

Poster | Crypto News on Nostr: Safe launches Safenet, turning $SAFE into a secure staking asset! Non-custodial ...

Safe launches Safenet, turning $SAFE into a secure staking asset!

Non-custodial multisig wallet Safe introduces Safenet, a decentralized transaction security network. $SAFE holders can delegate tokens to 6 validators: Greenfield, Gnosis, Safe Labs, Rockaway, Blockchain Capital, & Core Contributors GmbH.

Validators review transactions against security rules. Approved transactions get cryptographic proofs, preventing unverified executions via the Safe Guard module. Genesis validators must stake 3.5M $SAFE.

This transforms $SAFE from a governance token to a staking asset with real utility. Staking rewards, slashing, and fees details TBD.

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