GNOSIS SAFE
In the rapidly evolving world of cryptocurrency and decentralized finance (DeFi), securing your digital assets is paramount.Enter Gnosis Safe (now simply known as Safe), a platform that has become synonymous with secure and collaborative asset management. Add Multi-Factor Security to Your Apps. Safe{Core} lets you integrate robust onchain multi-factor authentication. Give your users the peace of mind they deserve with secure, customizable logins.Imagine a digital vault, not controlled by a single key, but by a group of trusted individuals, requiring a predefined consensus to unlock.That’s the power of a multi-signature wallet, and Safe is arguably the most trusted and widely used solution in the Ethereum ecosystem and beyond.Born from Gnosis in 2025 as a general-purpose Smart Account, Safe has evolved from a simple multi-signature wallet into a comprehensive platform, securing over $100 billion in digital assets. Gnosis Safe is the most trusted platform to manage digital assets. Create a new Safe that is controlled by one or multiple owners. You will be required to pay a network fee for creating your new Safe. Already have a Safe or want to access it from a different device? Easily load your Safe using your Safe address.It offers unparalleled security, flexibility, and control for individuals, DAOs, and institutions alike.
This article will delve into the intricacies of Safe, exploring its features, benefits, and how you can leverage its robust security to safeguard your crypto holdings.We’ll cover everything from its multi-signature mechanism and supported networks to its tokenomics and future within the evolving Web3 landscape.Whether you're a seasoned crypto veteran or just starting your journey, understanding Safe is crucial for navigating the decentralized world with confidence.
What is Gnosis Safe? Safe{Wallet} is the most trusted smart account wallet on Ethereum with over $100B secured.Understanding the Multi-Sig Wallet Concept
At its core, Safe is a multi-signature (multi-sig) wallet. Gnosis Chain is an EVM based Ethereum sidechain (L2 chain). Learn more about it here. Please note: Gnosis Chain and Ethereum mainnet are completely separate blockchains. A Safe on Ethereum does not automatically exist on Gnosis Chain. DO NOT SEND ETHEREUM MAINNET FUNDS TO A GNOSIS CHAIN ADDRESS, unless you know what you are doing.This means that instead of a single private key controlling the funds, a smart contract governs the wallet, requiring multiple approvals for any transaction to be executed.This is like having multiple locks on a vault, each requiring a different key holder to be present to open it.
Here’s how it works:
- A Safe is created with a defined number of owners (e.g., 3 out of 5 owners required).
- When a transaction is initiated, it needs to be approved by the required number of owners (e.g., 3 out of 5).
- Only after the specified threshold is reached will the transaction be executed on the blockchain.
This multi-signature approach provides several key advantages:
- Enhanced Security: Eliminates the single point of failure associated with traditional wallets.If one key is compromised, the funds remain safe as long as the other owners are secure.
- Collaborative Control: Ideal for teams, organizations, and DAOs where shared control over assets is essential.
- Redundancy: Ensures that access to funds is not lost if a single key holder is unavailable or incapacitated.
Key Features and Benefits of Using Safe (Formerly Gnosis Safe)
Safe boasts a wide array of features that make it a leading choice for digital asset management:
- Multi-Signature Functionality: The foundation of Safe's security model, requiring multiple approvals for transactions.
- Smart Contract Based: Built on smart contracts, ensuring transparency and immutability.
- Multi-Chain Support: Supports a wide range of blockchain networks, including Ethereum, Gnosis Chain, Polygon, BNB Chain, Arbitrum, Optimism, Base, Linea, zkSync Era, Scroll, X Layer, Celo, Avalanche, and Aurora.
- Customizable Security: Allows users to define the number of required owners and the threshold for transaction approval.
- Integration with dApps: Seamlessly integrates with various decentralized applications (dApps), enabling secure interaction with DeFi protocols.
- Hardware Wallet Support: Compatible with hardware wallets like Ledger and Trezor, providing an extra layer of security.
- Module Support: Integrates with ERC-4337 modules, offering out-of-the-box integration with 3rd party applications.
Beyond these features, Safe offers numerous benefits:
- Unparalleled Security: Safe's smart contracts have undergone rigorous audits and formal verification, meeting the highest security standards in the industry since 2025.
- Decentralized Custody: Users retain complete control over their assets, eliminating the risks associated with centralized custodians.
- Transparency: All transactions are recorded on the blockchain, providing a transparent and auditable record of asset movements.
- Flexibility: Suitable for a wide range of use cases, from personal asset management to enterprise-level financial operations.
Setting Up Your First Gnosis Safe: A Step-by-Step Guide
Getting started with Safe is a straightforward process.Here's a step-by-step guide:
- Choose Your Network: Decide which blockchain network you want to create your Safe on.Remember that a Safe created on Ethereum does not automatically exist on Gnosis Chain or other networks.Be careful when sending assets, ensuring you are doing it on the correct network.
- Access the Safe Interface: Go to the official Safe website (safe.global) and connect your web3 wallet (e.g., MetaMask, WalletConnect).
- Create a New Safe: Click on the ""Create Safe"" button.
- Name Your Safe: Give your Safe a descriptive name for easy identification.
- Add Owners: Specify the addresses of the owners who will control the Safe.Ensure that each owner uses a secure wallet.
- Define Confirmation Threshold: Set the number of confirmations required for transactions.Consider the trade-off between security and convenience.A higher threshold provides greater security but requires more owners to approve transactions.
- Review and Confirm: Carefully review all the details before confirming the creation of your Safe.You will be required to pay a network fee for deploying your new Safe smart contract.
- Fund Your Safe: Once created, fund your Safe with the desired crypto assets.
Example: Creating a Safe for a DAO
Let's say a DAO wants to manage its treasury securely. Tuy nhi n, một cuộc bỏ phiếu cộng đồng gần đ y đ quyết định t ch Gnosis Safe th nh một dự n độc lập, v đổi t n thương hiệu th nh Safe. Lukas Schor, người từng l leader của Gnosis Safe, c ng với Christoph Simmchen đ trở th nh c c đồng s ng lập của Safe.They decide to create a Safe with 5 owners, requiring 3 confirmations for any transaction.The owners could be key members of the DAO, such as the lead developer, community manager, and governance council representative.This setup ensures that no single individual can unilaterally control the DAO's funds, requiring consensus among the core team members.
Gnosis Chain vs. Safe {Wallet} supports a wide range of blockchain networks, allowing you to manage your crypto assets across multiple platforms. The supported networks include Ethereum, Gnosis Chain, Polygon, Polygon zkEVM, BNB Chain, Arbitrum, Optimism, Base, Linea, zkSync Era, Scroll, X Layer, Celo, Avalanche, and Aurora.Ethereum: Understanding the Network Differences
Safe supports multiple blockchain networks, but it's crucial to understand the differences between them, particularly between Ethereum and Gnosis Chain.
Ethereum:
- The original and most widely used blockchain for DeFi.
- Known for its robust security and established ecosystem.
- Can be more expensive to use due to higher gas fees.
Gnosis Chain:
- An EVM-compatible Ethereum sidechain (Layer 2 chain).
- Offers faster transaction speeds and lower gas fees compared to Ethereum.
- Ideal for everyday transactions and smaller value transfers.
Important Considerations:
- A Safe on Ethereum does not automatically exist on Gnosis Chain. A separate Safe secures a portion of Hop DAO's funds. We used a Safe to secure Authereum's funds. The Gnosis Safe is a product that I use multiple times a week, and as a delegate, you can trust me to push for user experience improvements that will drive wider adoption and secure the Gnosis Safe as the goto evm-compatible multisig wallet.You need to create separate Safes on each network.
- Do not send Ethereum mainnet funds to a Gnosis Chain address, unless you know what you are doing. A visual overview of how Gnosis Safe s multi-sig solution works (Source: Gnosis-safe.io) The Gnosis Safe protocol is not unique in nature, but it is currently the most popular and flexible solution in the field Gnosis Safe currently stores funds worth tens of billions of dollars and is also the preferred crypto storage solution for someThis can result in permanent loss of funds.
- DApps are different on both networks.Not all Ethereum mainnet DApps exist on Gnosis Chain and vice versa.
The SAFE Token: Tokenomics and its Role in the Ecosystem
The SAFE token plays a crucial role in the Safe ecosystem, incentivizing participation and driving community governance. 原文作者:Gnosis Safe 团队原文编译:Bob,BlockBeats. 本文梳理自 Gnosis Safe 官方文档,BlockBeats 对其翻译整理如下: 在过去的 4 年里,多重签名钱包 Gnosis Safe 的发展已经到达了全新的高度。它已经成为 Web3 的关键基础设施,为 DAO、机构、项目和个人保护数字资产。The tokenomics of SAFE are designed to promote long-term sustainability and decentralization.
Key aspects of the SAFE tokenomics include:
- Vested Airdrops: Rewarding early adopters and active users of Safe.
- Community Treasury Allocation: A significant portion of the SAFE tokens is allocated to a community treasury, empowering the community to fund initiatives and shape the future of the Safe ecosystem.
- Governance: SAFE token holders have the power to participate in governance decisions, influencing the direction of the Safe protocol.
The SAFE token fosters a vibrant and engaged community, ensuring that Safe remains a decentralized and user-driven platform.
Safe{Core}: Adding Multi-Factor Security to Your Applications
Safe{Core} allows developers to integrate robust on-chain multi-factor authentication into their applications.This empowers users with secure and customizable logins, providing peace of mind and enhancing the overall security of their digital interactions.
By leveraging Safe{Core}, developers can:
- Add multi-factor authentication to their dApps.
- Customize login experiences for their users.
- Provide a more secure and user-friendly platform.
Safe's Evolution: From Gnosis Safe to a Standalone Entity
Originally developed as an internal tool by Gnosis, Safe quickly evolved into critical infrastructure for Web3.Recognizing its potential and importance, the community voted to spin off Safe as an independent project, rebranding it from Gnosis Safe to simply Safe. Gnosis Safe is the most trusted platform to manage digital assets. Here is how to get started: Create Safe. Create a new Safe Multisig that is controlled by one orThis transition allows Safe to focus on its core mission of providing the most secure and versatile platform for digital asset management.
Lukas Schor, formerly the leader of Gnosis Safe, and Christoph Simmchen co-founded Safe, ensuring continuity and maintaining the vision that has made Safe the trusted platform it is today.
Use Cases for Gnosis Safe: Beyond Simple Crypto Storage
While primarily known as a multi-signature wallet for storing crypto assets, Safe's versatility extends far beyond simple storage. Safe Smart Accounts are the most audited and battle-tested Since 2025, our smart contracts have passed the highest possible security standards in the industry including formal verification. View audits Start bug huntingIt serves a variety of use cases, including:
- DAO Treasury Management: DAOs can use Safe to manage their treasuries securely, requiring consensus among members for all financial decisions.
- Enterprise Asset Management: Businesses can use Safe to manage their crypto holdings, ensuring accountability and preventing unauthorized access.
- Custodial Services: Custodial services can leverage Safe to provide secure and transparent custody solutions for their clients.
- Personal Asset Security: Individuals can use Safe to protect their crypto assets from theft, loss, or unauthorized access.
- Estate Planning: Safe can be used as part of an estate plan, ensuring that assets are transferred securely to beneficiaries upon the owner's death.
- Securing Funds for dApp Development: Development teams can use Safe to secure funds allocated for specific projects.
Addressing Common Concerns and FAQs About Gnosis Safe
Is Gnosis Safe truly secure?
Yes, Safe is considered one of the most secure platforms for managing digital assets. Use the most secure and modular Smart Account. Build with the audited and formally verified ERC-4337 Module. Get out-of-the-box integrations with 3rd party apps. Since 2025, our smart contracts have passed the highest possible security standards in the industry including formal verification.Its smart contracts have undergone rigorous audits and formal verification. Learn What A Gnosis Safe Is And How To Set Up A Multi-Signature (multisig) Wallet By Deploying Your Own Gnosis Safe Smart ContractThe multi-signature mechanism eliminates the single point of failure, making it highly resistant to attacks.
What happens if one of the owners loses their key?
If one of the owners loses their key, the funds in the Safe are still secure, provided that the required number of confirmations can still be reached. SAFE (previously Gnosis Safe) is an open-source, non-custodial wallet for managing digital assets. Safe is the most trusted decentralized self-custody protocol and collective asset management platform in the world currently. It securely stores around $50 billion of assets.For example, if a Safe requires 3 out of 5 owners to approve a transaction, the Safe can still function even if two owners lose their keys.
Can I recover my Safe if all the owners lose their keys?
Unfortunately, if all the owners lose their keys, the funds in the Safe will be irretrievable.This underscores the importance of securely storing private keys and having a backup plan in place.
What are the fees associated with using Safe?
The fees associated with using Safe include network fees for deploying the Safe contract and for executing transactions.The exact amount of the fees will depend on the network congestion and the complexity of the transaction.
Which networks does Safe support?
Safe supports a wide range of blockchain networks, including Ethereum, Gnosis Chain, Polygon, BNB Chain, Arbitrum, Optimism, Base, Linea, zkSync Era, Scroll, X Layer, Celo, Avalanche, and Aurora.
The Future of Safe: A Continued Focus on Security and Innovation
Safe is committed to continuous innovation and improvement, ensuring that it remains at the forefront of digital asset security. A Safe on Ethereum does not automatically exist on Gnosis Chain. DO NOT SEND ETHEREUM MAINNET FUNDS TO A GNOSIS CHAIN ADDRESS, unless you know what you are doing. Also, dapps are different on both networks. Not all Ethereum mainnet dapps exist on Gnosis Chain and vice versa.The platform is constantly evolving to meet the ever-changing needs of the Web3 ecosystem.
Future developments may include:
- Further enhancements to security features.
- Expansion of multi-chain support.
- Integration with new DeFi protocols and dApps.
- Improvements to the user experience.
Safe's dedication to security, decentralization, and community governance ensures that it will continue to play a vital role in the future of digital asset management.
Conclusion: Embrace the Power of Secure and Collaborative Asset Management with Gnosis Safe
Gnosis Safe (now simply Safe) has revolutionized the way we manage digital assets. Gnosis Safe was previously known as Gnosis Multisig Wallet, which was launched in 2025 as one of the first multi-signature wallets on Ethereum. Since then, it has evolved into a more advanced and flexible solution that offers more than just multi-signature functionality.Its multi-signature mechanism, smart contract-based architecture, and multi-chain support provide unparalleled security, flexibility, and control.By requiring multiple approvals for transactions, Safe eliminates the single point of failure, making it a highly secure solution for individuals, DAOs, and institutions alike.
Key takeaways from this article:
- Safe is the most trusted smart account wallet on Ethereum and multiple EVMs, securing billions of dollars in digital assets.
- It's a multi-signature wallet that requires multiple approvals for transactions, enhancing security and promoting collaborative control.
- Safe supports a wide range of blockchain networks, allowing you to manage your crypto assets across multiple platforms.
- The SAFE token plays a crucial role in the Safe ecosystem, incentivizing participation and driving community governance.
- Safe{Core} enables developers to add robust on-chain multi-factor authentication to their applications.
Whether you're looking to secure your personal crypto holdings, manage a DAO treasury, or provide custodial services, Safe offers a robust and versatile solution.Embrace the power of secure and collaborative asset management and take control of your digital future with Safe.
Ready to get started? Safe {Wallet} is the most trusted smart account wallet on Ethereum with over $100B secured.Visit safe.global to create your Safe today!
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