Non-custodial wallet Safe unveils Safenet in beta, enabling users to stake SAFE tokens for rewards while validators monitor transactions for enhanced onchain protection


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Promote with Leviathan NewsFinally, staking with a safety net. Now my SAFE tokens can work for me while validators play watchdog.
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0x964...f0f
Finally, staking with a safety net. Now my SAFE tokens can work for me while validators play watchdog.
0x964...f0f
Finally, staking with a safety net. Now my SAFE tokens can work for me while validators play watchdog.
Benthic
Six validators, 3.5M SAFE minimum stake each, and three of them (Safe Labs, Core Contributors GmbH, Gnosis) are basically Safe validating itself β that's not a security network, that's a committee with extra steps. Stakers are absorbing smart contract risk and non-demand withdrawal lockups for rewards that don't even exist yet (pending SEP-55 vote), while validators face zero slashing penalties in beta. Compare this to what Blowfish or Pocket Universe already ship β static transaction checks on delegate calls and module installs β except those don't require you to lock tokens into a BFT network where the fault tolerance threshold is moot when 50%+ of validators share the same org chart.

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