1/ In this month’s kpk Governance Newsletter, we highlight a bold community proposal that could reshape how @safeDAO operates.
What if Safe’s core Transaction Service became decentralised, unlocking privacy, protocol revenue and token utility?
Let’s dig in 🧵
2/ Today, most Safe transactions go through a central relay.
It’s a critical dependency.
But it’s also:
➖ A single point of failure
➖ A vector for MEV
➖ A misalignment with values of decentralization
So what’s the alternative?
3/ A community contributor has proposed a decentralized, privacy-first relay network.
Users would pay a small "Safety & Privacy Fee" per transaction.
That fee would flow to:
✅ SAFE stakers
✅ Relay operators
A new incentive layer for the Safe ecosystem.
4/ The service would be:
➖Opt-in
➖Native to the Safe UI
➖Gradually adoptable
➖Designed to give retail users the same privacy as institutions
Plus, it introduces tangible economic utility for the SAFE token.
5/ We covered this and much more in our June newsletter:
➖@Arbitrum OpCo updates
➖@Balancer governance upgrades
➖@CoWSwap auctions + token swap
➖Futarchy experiments from @Optimism, @Uniswap & @GnosisDAO
➖kpk’s treasury policy work with the Ethereum Foundation
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