Crypto Currency Tracker logo Crypto Currency Tracker logo
Cryptoknowmics 2022-08-19 07:10:45

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. — 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 ...

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.