32 Million SAFE Tokens Were Unclaimed From The Airdrop

Key points:

• SAFE tokens with the amount of more than 32 million tokens airdrops distributed by Gnosis Safe to users have yet to be claimed.
• SafeDAO has devised four alternatives for distributing unredeemed tokens.

According to the official forum, as of December 29, despite the end of the application period on December 27, more than 32 million SAFE tokens airdrops issued by Gnosis Safe to users have not been claimed. 

Even though the application period ended on December 27, over 32 million SAFE tokens airdrops supplied by Gnosis Safe to users have not been claimed as of December 29 according to the official forum.

SafeDAO is debating how to handle unclaimed airdrop allotment. To fix the problem, the team has proposed the following solution:

1/ Distribute the tokens in proportion to individuals who have previously claimed the airdrop. This would nearly increase the SAFE allocation of the 10,000 community members who claimed their airdrop in recent months. Here, consideration should be given to whether these tokens should be vested over a longer period of time than is now the case. Consider a back-weighted vesting timeline, with the bulk of tokens being available no sooner than two years.

2/ Parts of the SAFE tokens should be utilized to reward invaluable efforts in the broader crypto community, such as Ethereum core developers, Tornado Cash contributors like xGozzy, educators like Patrick Collins, and open source developers whose work is used by the official Safe frontend. Basically, anything outside the boundaries of the Safe Guardians Program that benefits SafeDAO. Of course, this is not entirely selfless, because one may expect these people to consider contributing to SafeDAO and being an enrichment for the team, whether that means being active in the forum, developing applications powered by Safe Protocol, or bringing attention to us on Twitter.

3/ Tokens should be kept in the SafeDAO treasury.

4/ A combination of the three possibilities listed above 15% of the 32 million unredeemed SAFE tokens will be distributed to the 10,000 individuals who claimed the airdrop, and another 15% will be distributed to open source developers, educators, and others – with the remaining 70% remaining in the SafeDAO treasury.

At the moment, the has not decided on a final option for these unredeemed tokens. Users are still voting in the discussion.

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