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Digital asset management platform Safe (formerly Gnosis Safe) airdropped the SAFE token as part of its transition to a decentralized governance model.
SafeDAO and Safe Token are officially live 🚀
And since we’ve rebranded, this is just a reminder that we’ll be phasing out the @gnosisSafe handle over time 😢
Please follow our new handle @safe to stay up to date with the Safe Ecosystem. https://t.co/AlmyA2RX7c
— Safe | Gnosis Safe (@gnosisSafe) September 28, 2022
Among 43,000 users, 2.5% (about 25 million SAFE) of the total number of tokens were distributed. They will receive another 2.5% within four years as part of the vesting.
Other recipients of shares in the form of SAFE were:
- 15% are core developers;
- 15% — Safe Foundation;
- 60% – SafeDAO and GnosisDAO treasuries;
- 5% – ecosystem projects.
The main goals of the airdrop were to reward the most active users and decentralize the management of Safe.
Recall that in July the platform rebranded into Safe and raised $100 million in a round of strategic financing.
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