Safe Launches Safenet Beta, Giving SAFE Token Holders a Role in Network Security
he new validator community enforces transaction safety onchain earlier than Safe transactions execute, and introduces the primary stay financial operate for the SAFE token past governance.
CANNES, France, April 2, 2026 — Safe Foundation at this time introduced the launch of Safenet Beta at EthCC in Cannes. For the primary time, SAFE token holders can delegate to genesis validators and earn staking rewards for securing the community, marking the start of SAFE’s evolution from a governance token into a community safety asset.
Safenet is a decentralized transaction safety community that enforces protocol-level safety earlier than a Safe transaction can execute. It replaces centralized warning methods and offchain heuristics with cryptographic attestations verified onchain. The community is designed to safe all worth processed via Safe, a protocol that has processed over USD $1 trillion in cumulative transfers.
How Safenet works
When a transaction is proposed, impartial validators consider it towards a outlined set of safety guidelines. If the transaction satisfies these guidelines, Validators produce a cryptographic attestation. A Safe ‘Guard’ put in on the consumer’s Safe account verifies attestation onchain earlier than execution. Without a legitimate attestation, the transaction doesn’t proceed.
Users stay in full self-custody always. If a transaction doesn’t fulfill the protocol’s attestation necessities, however a consumer nonetheless decides to proceed, they’ll accomplish that with specific extra proprietor approval after a delay. The community is Byzantine Fault Tolerant, tolerating as much as one-third of Validators appearing dishonestly whereas nonetheless producing appropriate attestations. All attestations are publicly auditable by way of the Safenet transaction explorer.
“Crypto has spent years constructing higher warnings. That will not be sufficient,” mentioned Richard Meissner, Co-Founder of Safe Project. “Attackers have exploited the hole between what customers signal and what they intend. Safenet closes that hole on the protocol degree. Every transaction is checked towards outlined safety guidelines earlier than it may well execute, by a community that no single get together controls. Safenet is designed to maneuver transaction safety into the execution path itself, the place it may be enforced onchain, audited publicly, and secured by a validator community slightly than a single supplier.”
What Is Live in Beta
Safenet Beta launches with six genesis validators: Greenfield, Gnosis, Safe Labs, Rockaway, Blockchain Capital, and Core Contributors GmbH, every with a minimal stake of three.5 million SAFE tokens. The Beta consists of:
- Static transaction checks that block the commonest assault vectors. This consists of unauthorized or surprising code execution by way of so-called “delegate calls,” set up of untrusted modules, and makes an attempt to change or bypass a Safe account’s safety settings
- A staking UI for SAFE holders to delegate to Validators
- A stay transaction attestation explorer
Staking rewards are pending SafeDAO approval underneath SEP-55. Advanced checks, slashing, and fee-based rewards will observe in later phases.
“The promise of self-custody has at all times been clear: no middleman between you and your property. The safety layer beneath that promise has by no means matched it. Safenet is the primary critical try to shut that hole on the protocol degree, the place it really issues. A decentralized community implementing safety earlier than execution, with actual financial stake behind it.This is what it appears like when the infrastructure lastly catches as much as the imaginative and prescient, and why $SAFE now has a structural function in defending onchain worth.” — Lukas Schor, President, Safe Ecosystem Foundation
$SAFE: from governance to community token
Safenet marks the primary time SAFE has a stay financial operate past governance. Validators stake SAFE to run the community. Delegators stake SAFE to again the Validators securing it. The long-term ambition is for all worth processed via Safe to be secured by Safenet.
SAFE holders can stake at this time by delegating to a founding Validator via the Safenet staking UI. No infrastructure is required. Stakers ought to observe that withdrawals will not be on-demand, and sensible contract threat applies. Full particulars can be found in the staking documentation.
About Safe
Safe (beforehand Gnosis Safe) is an onchain asset custody protocol that has processed over $1.4T+ in complete worth (TVP). Released as an open-source software program stack by the Safe Ecosystem Foundation, it’s establishing a common sensible account normal for safe custody of digital property, information, and id. Safe is constructed for the mission to unlock digital possession for everybody in web3, together with DAOs, enterprises, retail, and institutional customers.
About the Safe Ecosystem Foundation, Zug, Switzerland
The mission of the Safe Ecosystem Foundation is to assist the event of Safe, to strengthen Safe expertise and to advertise the Safe Ecosystem. The Safe Ecosystem Foundation is a non-profit organisation based mostly in Zug, Switzerland, that helps educate folks about Safe sensible accounts and promotes Safe expertise via the supply of grants and different types of funding.
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Legal Disclaimer
This press launch is issued by the Safe Ecosystem Foundation, Zug, Switzerland (the “Foundation“). This will not be a proposal to promote or a solicitation of a proposal to buy any SAFE tokens and isn’t an providing, commercial, solicitation, affirmation, assertion, or any monetary promotion that may be construed as an invite or inducement to have interaction in any funding exercise or comparable.
The Foundation makes no representations, warranties and/or covenants with respect to the Safe Technology (or any implementations of the Safe Smart Accounts) or any program (Grants, Hackathons and/or every other types of funding) run by the Safe Ecosystem Foundation. Safenet Beta is offered on an “as is” and “as obtainable” foundation for improvement and testing functions solely. The Foundation doesn’t handle or management the Safenet Beta expertise and doesn’t present any companies associated to Safenet Beta. Validators act independently and bear full duty for his or her actions. To the fullest extent permitted by regulation, the Foundation, its associates, and related individuals expressly disclaim all legal responsibility for any damages of any form arising out of or in reference to using, or incapability to make use of, Safenet Beta. Any interplay with Safenet Beta is at your individual threat. This press launch could comprise forward-looking statements that contain dangers and uncertainties. Actual outcomes could differ materially from these anticipated.
Disclaimer for Safenet https://safefoundation.org/beta-disclaimer
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