TechFlow reports that Safe, a digital asset management platform, has disclosed the tokenomics of SAFE, with a maximum supply of 1 billion tokens and an initial circulating supply of 427 million.
The overall distribution of SAFE spans five categories: Core Contributors (15%), Safe Foundation (15%), Ecosystem (5%), Users (5%), and Community Treasury (60%). The vesting period for SAFE tokens extends up to eight years.
Token Utility: SAFE is the governance token of SafeDAO, used for decision-making. SAFE token holders can vote on proposals within SafeDAO governance, such as resource allocation, establishing the SafeDAO constitution, and shaping its governance framework.
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