[SEP 55] Fund Safenet Beta for SAFE Token Utility

Abstract

This proposal requests 5M SAFE tokens from the SafeDAO treasury to subsidise "Safenet Beta" staking rewards over a 6 month period.

Safenet Beta is a permissioned validator network that attests Safe transactions onchain, in order to enforce transaction security and protect users from high-risk threats and malicious actors e.g. phishing, UI compromises.

The requested rewards are intended to:

• incentivise and bootstrap a minimum viable validator set
• activate SAFE token utility through staking & open delegation
• de-risk the consensus and incentive design before full decentralisation

---

Proposal details

Purpose and Background

Safenet was originally announced at the end of 2024 with a focus on solving cross-chain fragmentation. It has since [pivoted](https