SafeDAO community is voting on unlocking SAFE tokens

Snapshot data shows that the SafeDAO community is voting on unlocking SAFE tokens, and the voting will end on March 18. SAFE is the DAO governance token behind the DeFi custody Safe Protocol. If passed, a new vote is expected next month to determine whether the tokens can be officially unlocked. The DAO’s tokens have been locked for nearly two years since its launch via airdrop in October 2022. In that release, SafeDAO was separated from GnosisDAO and became a separate project. Since the tokens cannot be transferred, SAFE holders (most of whom are early adopters or contributors to the protocol) cannot sell their holdings.