The Safe Foundation has officially launched Safenet Beta during EthCC in Cannes, marking a significant advancement in decentralized transaction security. With this release, SAFE token holders can now actively participate in securing the network by delegating tokens to validators and earning staking rewards. As a result, the SAFE token begins its transition from a governance-focused asset into a core component of network security.

To begin with, Safenet introduces a decentralized security layer that verifies transactions before execution. Unlike traditional systems that rely on centralized alerts or off-chain heuristics, Safenet uses cryptographic attestations validated directly onchain. This approach ensures that every transaction undergoes strict protocol-level checks, enhancing trust and reducing vulnerabilities across the ecosystem.

Moreover, the system operates through independent validators who assess transactions against predefined security rules. Once a transaction meets these criteria, validators generate a cryptographic attestation. A Safe ‘Guard’ mechanism then verifies this attestation onchain before allowing execution. If the transaction fails validation, it does not proceed unless users explicitly approve it with additional authorization after a delay. Importantly, this framework preserves full self-custody, ensuring users maintain control over their assets at all times.

In addition, Safenet employs a Byzantine Fault Tolerant model, allowing the network to function securely even if up to one-third of validators act dishonestly. All transaction attestations remain publicly accessible, providing transparency and enabling independent verification through the Safenet explorer.

“Crypto has spent years building better warnings. That is not enough,” said Richard Meissner, Co-Founder of Safe Project. “Attackers have exploited the gap between what users sign and what they intend. Safenet closes that gap at the protocol level. Every transaction is checked against defined security rules before it can execute, by a network that no single party controls. Safenet is designed to move transaction security into the execution path itself, where it can be enforced onchain, audited publicly, and secured by a validator network rather than a single provider.”

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Currently, the Beta version includes six genesis validators: Greenfield, Gnosis, Safe Labs, Rockaway, Blockchain Capital, and Core Contributors GmbH. Each validator stakes a minimum of 3.5 million SAFE tokens, ensuring strong economic backing for network security. Additionally, the Beta introduces features such as static transaction checks, a staking interface for token delegation, and a live attestation explorer.

Furthermore, Safenet blocks common attack vectors, including unauthorized code execution, installation of untrusted modules, and attempts to alter security settings. Over time, the platform plans to introduce advanced checks, slashing mechanisms, and fee-based rewards, pending governance approval.

“The promise of self-custody has always been clear: no intermediary between you and your assets. The security layer underneath that promise has never matched it. Safenet is the first serious attempt to close that gap at the protocol level, where it actually matters. A decentralized network enforcing security before execution, with real economic stake behind it. This is what it looks like when the infrastructure finally catches up to the vision, and why $SAFE now has a structural role in protecting onchain value.” — Lukas Schor, President, Safe Ecosystem Foundation

Ultimately, Safenet Beta represents a pivotal step toward strengthening onchain security while empowering SAFE holders to play a direct role in safeguarding digital assets.

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