Safe (SAFE)
Unlock Schedule
Safe (SAFE) Token Unlock & Vesting Schedule
The unlock chart above provides a clear visual overview of the Safe (SAFE) token release schedule, showing when and how tokens enter circulation across investor, team, treasury, and community allocations. Understanding these tokenomics dynamics is critical for evaluating potential supply pressure, inflation impact, and market liquidity over time — key factors that can influence SAFE price performance.
Each color segment in the chart corresponds to a specific allocation group described in the Allocations section below. Underlying assumptions and data models used to reconstruct this schedule are explained in detail under Assumptions, while broader utility insights and token use cases are covered in Tokenomics & Utility.
Tokenomics & Utility
SAFE is an ERC‑20 governance token with a fixed maximum supply defined at launch. The initial distribution was designed around five stakeholder groups and multiple treasuries, with long vesting to align contributors and the broader ecosystem over time. A high-level view from the project’s tokenomics post shows: user and guardian allocations (to reward past usage and ecosystem building), strategic partners (with lockups), core contributors, and two large treasuries for SafeDAO and GnosisDAO, plus a joint treasury experiment to coordinate both DAOs. Vesting spans four to eight years depending on the bucket. (safe.global)
What the token does today:
- Governance: SAFE holders set or delegate voting power to decide on proposals, budgets, and framework updates under the SafeDAO constitution and governance process. Voting may direct treasury spending (for grants, incentives, or R&D), change governance parameters, or evolve the constitution itself. (forum.safe.global)
- Programs and incentives: Following community approval, SafeDAO linked ecosystem activity to potential token‑based rewards through an “activity program” concept, with details refined in subsequent proposals. The DAO continues to explore future utilities that are consistent with neutral, public‑good infrastructure. (theblockbeats.info)
A key milestone came in April 2024, when SafeDAO enabled SAFE transferability, broadening distribution while keeping governance as the core utility. (bitget.com)
Assumptions
- User and Guardians airdrop vesting modeled from 2022-09-28 to 2026-09-28.
Claim/TGE opened on 2022-09-28; individual vesting created upon redeem. Using a uniform start enables monthly modeling despite per-address redeem timing.
- Strategic raise schedule uses 1-year cliff then 36-month linear (total 4-year vesting).
Primary forum post specifies 4-year vest with 1-year initial lockup and vesting start 2022-07-08; modeled as standard 1-year cliff then linear.
- SafeDAO initiation date taken as 2022-09-27 for treasury cliff/linear start and joint treasury cliff.
Official launch blog dated 2022-09-27 with claimability from 2022-09-28; forum references vesting start as day of initiation but does not give a specific date.
- Core Contributors schedule approximated: 100M linear from 2022-04-20 to 2026-04-20; 50M reserved as cliff on 2030-12-31.
Primary source states 4-year vesting generally, backloaded for key roles, and expectation that full 150M vests by ~2030; exact individualized schedules are undisclosed.
- Guardians ‘future programs’ 25M modeled as a far-future cliff on 2030-12-31.
Primary sources confirm the allocation but not timing; placeholder prevents premature unlocks while keeping total accounting consistent. Actual emissions depend on SafeDAO decisions.
- No ongoing PoW/PoS issuance or protocol-level inflation for SAFE.
Token contract minted fixed 1B at genesis and was paused until governance unpaused in 2024; documentation describes vesting/treasury distributions only.
- Transferability enabled on 2024-04-23 does not change vesting amounts; unvested tokens remain locked.
SafeDAO SEP-22 unpaused token; vesting continues via contracts; modeling focuses on unlocks irrespective of secondary-market tradability.
- 1. https://safe.global/blog/safe-tokenomics
- 2. https://forum.safe.global/t/safe-voting-power-and-circulating-supply/558
- 3. https://safe.global/blog/launching-safedao-and-safe-token-usdsafe
- 4. https://etherscan.io/address/0x5aFE3855358E112B5647B952709E6165e1c1eEEe
- 5. https://safe.global/blog/safe-token-transferability
- 6. https://forum.safe.global/t/sep-22-unpause-safe-token-contract-enabling-transferability/4892
- 7. https://help.safe.global/en/articles/40787-safedao-governance-app-faq
- 8. https://safe.global/blog/introducing-the-safe-guardians-program
Allocations
Description
#401
The SAFE Token facilitates user participation in the evolution of web3's smart account infrastructures. It serves various utilities including governance through SafeDAO, earning points in the SafePass program, and securing digital assets across multiple networks.
| Sector: | Identity |
| Blockchain: | Ethereum |