Introduction:
Safe (SAFE), a web3 ownership layer designed to secure over $100 billion, has been launched on HIBT on April 24th. At its core, it builds the full-stack account abstraction infrastructure Safe{Core} and the industry-standard multi-signature Safe{Wallet}, aiming to promote the ownership of digital assets into a new era. Through Safe, every Ethereum account can become a smart account, supporting gas-free transactions, simple face recognition login, onramps, recovery and other functions, providing emerging use cases such as artificial intelligence, staking, games, SocialFi, DeFi and payments. Great support. SAFE is currently open for trading on HIBT.
Token information
Circulation market value: $850,166,579.517
Fully diluted market cap: $1,991,022,434.47
Circulation: 427,000,000 Safe
Total supply: 1,000,000,000 Safe
Total financing: $100 million
Vision and Goals
Safe pursues a future where everyone has full control and flexibility over their digital assets. Their vision is to move from merely reading and writing in the digital realm to fully owning digital identities, financial assets, digital art, and more. Safe is committed to setting smart accounts as default accounts and achieves this goal through two core modules: Safe{Core} and Safe{Wallet}.
Safe{Core}
Safe{Core} is an open source and modular account abstraction stack that provides developers with powerful tools and infrastructure for integrating secure smart accounts into any digital platform. By establishing a common and open contract standard for the custody of digital assets, data and identities, Safe{Core} brings digital ownership of accounts to everyone.
Safe{Wallet}
As the official interface for individuals and businesses across industries, Safe{Wallet} is designed to securely and seamlessly manage digital assets. It has been thoroughly reviewed and tested and has become the default wallet of choice for many. There are currently over 200 projects being built on top of Safe.
ERC-4337 and Safe
ERC-4337 solves the challenges associated with account abstraction as a transaction relayer for smart accounts such as Safe. This decentralized mechanism allows users to pay gas fees using ERC-20 tokens instead of native tokens such as ETH.
Conclusion
Safe is committed to promoting the evolution of digital asset ownership and providing users with a safe, flexible and intelligent digital asset management experience. Through the integration of Safe{Core} and Safe{Wallet}, as well as compatibility with ERC-4337, Safe is leading innovation in the field of digital asset ownership and contributing to the further development of the web3 ecosystem.
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