What is Safe?

Safe is the ownership layer of web3 securing >$100B+. It includes Safe{Core} a full stack of account abstraction infrastructure and the industry-standard multi-sig, Safe{Wallet}. The project is focused on making every Ethereum account, a smart account and enabling new use cases like AI, Staking, Gaming, SocialFi, DeFi, and Payments to flourish with gasless transaction, easy face-ID like logins, onramps, recovery and more. Safe currently has a large ecosystem of 200+ projects including Gnosis Pay and Worldcoin, deployed in over 15 networks, building on the Safe smart account standard. Safe{Wallet} is also used widely by individuals like Vitalik Buterin, Punk6529 as well as web2 giants like Shopify and Reddit for self-custody of assets and high value NFTs. As of April 2023, over 8M Safe accounts have been created, making >40 million transactions. The open-source contracts are battle-tested and have been formally verified and audited multiple times. There have been no critical security incidents since Safe was deployed in 2018 and Safe remains the benchmark of security in the industry.

Why use Safe accounts?

Traditional web3 accounts are controlled by a single private key, often derived from a 24-word secret phrase. As long as a user owns this private key, they control the account. However, these private keys regularly get lost or compromised, resulting in the complete loss of the assets associated with the account. Safe, on the other hand, uses smart accounts that can be individually configured to suit the custody needs of different user groups: * Authentications using multiple private keys (multi-sig) or community-control (DAOs) as well as newer authentication methods like social login and passkeys. * Modules to build automations into the account, assign spend limits and roles/heirarchies. * Recovery and inheritance mechanisms with Safe{RecoveryHub} * Improved transaction experience (transaction batching, gas abstraction) * Transaction checks and hybrid-custody.

What is $SAFE?

$SAFE is the native ERC-20 governance token that stewards infrastructure components of the Safe ecosystem, including: * Safe Contracts * Default Interfaces * On-chain assets * Tokenomics Tokenomics: * Governance: SafeDAO is governed using the SAFE token (see SafeDAO Constitution). SAFE token holders can vote within the scope of governance of SafeDAO. To find out more about Safe{DAO} governance, visit the resource hub. * Safe Activity Program: Locking SAFE can boost/multiply the rewards the participants receive from their activity in the Safe ecosystem. * Future Utilities: As the Safe ecosystem evolves, the design space of utilities for the SAFE token will naturally expand. SafeDAO can vote on the implementation of token utilities and signal the direction of future explorations. The community is encouraged to be part of the exploration and implementation of future SAFE token utilities.

How many SAFE tokens are there in circulation?

Safe launched on April 20, 2022 with 1 billion SAFE Tokens minted by the Safe Foundation, an independent, non-profit organisation that contributes to the development of the Safe ecosystem. This is the SAFE token’s fixed max supply. Further details around the initial circulating supply and tokenomics can be found here: https://safe.global/blog/safe-tokenomics

What tools does Nimbus offer for effortlessly monitoring Safe?

Nimbus provides a user-friendly tracking solution equipped with intuitive tools to monitor Safe effortlessly. These tools are specifically designed for user convenience, allowing individuals to stay seamlessly updated on the latest trends, prices, and information related to Safe. Users can also explore the world of cryptocurrency effortlessly while simultaneously tracking Safe prices. The platform also offers insights into profit and loss, providing a comprehensive experience without the complexity typically associated with monitoring cryptocurrencies.

How does Nimbus enable tracking Safe prices with profit and loss?

Nimbus facilitates the tracking of Safe prices with profit and loss through seamless integration with your crypto wallet for portfolio monitoring. By connecting with your crypto wallet, Nimbus provides a clear and comprehensive overview of various metrics, including profits, losses, revenue, expenses, return on investment (ROI), and other essential financial indicators. This integration ensures that users can analyze their cryptocurrency portfolio with precision, gaining valuable insights into their financial performance. With Nimbus, users can navigate the cryptocurrency landscape with a perfect blend of simplicity and sophistication, enhancing their ability to make informed investment decisions.

How does Nimbus analyze Safe, and what insights does it provide?

Certainly! Nimbus possesses a robust analysis tool that is adept at evaluating and interpreting Safe . The tool employs diverse strategies, including delving into metadata details, tracking marketplace data, and calculating performance metrics such as Return on Investment (ROI). Through these methodologies, Nimbus provides users with valuable insights into the composition and performance of their Safe. Users can gain a comprehensive understanding of their investment. The analysis tool ensures that users are equipped with the necessary information to navigate the cryptocurrency landscape with confidence and intelligence.

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SAFE Market Statistics

  • Price USD

    $1.43
  • Market Cap

    $610,442,591.18
  • Total Volume USD

    $15,471,403.45
  • Total Supply

    1,000,000,000.00 SAFE
  • Circulating Supply

    426,815,046.00 SAFE
  • Fully Diluted Market Cap

    $1,430,227,441.38
  • Socials

  • Official links

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