The Safe (formerly Gnosis Safe) Foundation announced the launch of Safenet, a transaction co-processing network that supports any on-chain and off-chain input. The network will consist of thousands of application-specific co-processor roles, who will receive commercial revenue sharing when helping to process enterprise inputs from AI, RWA, DeFi, PayFi, DEX, various industries or business verticals, and will generate millions of dollars in revenue sharing opportunities. Safenet aims to overcome the scalability issues faced by DeFi and expects to move $100 trillion in transaction volume to the chain. Web2 and Web3 enterprises and projects will benefit from Safenet's huge revenue opportunities.
Lukas Schor, co-founder of Safe, said: "Safenet is not just a new Layer 2, it is a transaction processing network that redefines blockchain interactions. This is a revolutionary change for DeFi, and Safenet's ultimate mission is to put global GDP on the chain."
Safe is an on-chain asset custody protocol that provides security for more than $100 billion in assets. It currently has more than 27 million users worldwide, including individual users and large institutions.