The Safe community voted to approve the proposal "On Enabling the Transferability of SAFE Tokens."

2024-04-15 23:03:11
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ChainCatcher news, the Safe community voted "to pass the proposal on enabling the transferability of SAFE tokens." Due to the safeguards in place, the earliest date for the transferability of SAFE tokens is eight days after the voting period ends, tentatively set for April 23, 2024.

The proposal states that when SAFE tokens were launched in September 2022, they were non-transferable, and the SafeDAO governance controls the unpause function in the token contract, which can make SAFE transferable. The initial SafeDAO proposal (SEP #23) to make SAFE tokens transferable was not implemented due to 73.63% of votes against it.

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