zhengzechen16

@zhengzechen16

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good early morning !!

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https://warpcast.com/ryunina.eth/0x286712dc

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To sum up Safe Wallet is currently targeting B-side and individual users with large funds management. Safe combines the security of multi-signature wallets and smart contracts, and has gained the trust of some DeFi and companies. In the future, when account abstraction wallets become popular, Safe will provide an SDK with account abstraction functions to provide support for the development of account abstraction wallets on Ethereum. Safenet, which will be released this year, will be a point worth paying attention to, as it involves the interoperability of the Ethereum ecosystem and may also introduce $SAFE tokens as gas.

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What about Safe tokens? $SAFE Tokens are rewarded by points earned through interaction with the Safe wallet. Tokens can be staked in the wallet to increase rewards. Tokens also provide community governance functions. The $SAFE token was launched on April 23, 2024, with a maximum supply of 1 billion and a current circulation of 540 million. The price has dropped from the previous 2.64 to the 0.5 - 0.6 range. The Safe project currently does not see strong profitability, and only the launched Swap and ETH staking have potential profit opportunities.

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📌 What is the current status of the Safe project? According to official introduction, Safe Wallet currently supports 15 networks, including Ethereum ecosystem, BNB, Avalanche, etc. There are 38 million Safe accounts deployed on the network, with 6.4 million monthly active users, and the total value of Safe wallet storage is more than 100 billion US dollars. Taking the Ethereum mainnet as an example, the Safe wallet stores ETH worth US$4.7 billion and 67.4 billion ERC20 tokens. Currently, an average of 15,000 to 20,000 transactions are provided by Safe every week. As for Safe Core, there are currently several project parties using its stack to develop AA wallets. This year, Safe will also launch its own chain Safenet, which specifically supports cross-chain transfers and interactions of Safe wallets. It is worth noting that the positioning of this chain is neither L2 nor L1, but a chain that connects L2 and L1 liquidity. However, Safenet's main network is Ethereum.

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corporate funds, DAO treasury funds or large amounts of personal assets, etc. Safe Core This is a modular account abstraction stack for developers. Developers can use Safe Core to build their own account abstraction (AA) wallet, which is divided into Safe Smart Acount, Safe Core SDK, and Safe Core API. Safe Smart Acount is the multi-signature account mentioned above. Regarding SDK, it is a computer language, called a developer's toolkit. Safe Core SDK includes tools such as Starter kit, Protocol kit, API kit, Relay kit, etc. Developers can use these tools to build account abstract wallets. Regarding API, it is also a computer language, called an interface. Developers can directly call the transaction information of all Safe accounts through API, which is specifically called Safe Transaction Service API. Safe's account abstraction wallet development is also compatible with Ethereum's ERC4337, ERC7579, and EIP7702, as well as the traditional key solution Passkeys, making it easier to manage and more secure.

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ched the Safe{RecoveryHub} feature, which enables users to set up account recovery for wallets on Ethereum, Arbitrum, Optimism, Polygon, and Gnosis Chain. Based on the account function, Safe Wallet has launched interactive functions such as Swap, ETH staking and batch trading. At the same time, Safe smart account is also compatible with AI Agent function, providing AI management account interaction function. The main application scenarios of Safe Wallet are mainly for large amounts of funds, mainly managing

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1. Safe Wallet This is a product that generates a multi-signature wallet on the chain by interacting with the EOA account (ordinary wallet account) and the Safe contract. The generated multi-signature wallet account is called a Safe smart account. You can see that in the process of creating a Safe smart account, you need to specify the multi-signature party and the threshold value (Threshold). If you don’t understand, go to my link to see the definition of a multi-signature wallet: Users can use their own accounts to create multi-signature accounts on the chain, set the corresponding parameter values, and then use this multi-signature account. Safe Wallet not only supports native tokens (such as ETH), but also supports

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Commonly used wallets such as OKX Wallet and Metamask are all controlled by a single corporate entity, while Safe directly moves the wallet to the chain, achieving stronger functions and interactive experience while ensuring decentralized characteristics. 📌 About project structure: Safe has two product types

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《A new paradigm for wallets! Safe（ $SAFE ）wallet analysis and token fundamentals》 Wallets are very important infrastructure in Web3. Whether it is DeFi interaction, meme or the most basic transfer, everyone needs to use a wallet to connect to the Web3 world. Regarding the classification of wallets, I have compiled "Web3 Wallet Popular Science". If you want to better understand Safe, it is recommended to read the basic content below in advance: https://x.com/EvanCrypto17/status/1873321709207716234

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How anxious is the Trump family to make money in the cryptocurrency world? WLFI was promoted to almost all Chinese cryptocurrency institutions and wealthy people, but it seems that Sun Yuchen was the only one who bought it in the end. On the afternoon of the day when Trumpcoin and Wifecoin were released, wintermute started to help sell coins in various groups and promote their OTC The Trump family probably discovered that it is too easy to make money and gain influence in the cryptocurrency world.

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