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Safe

Smart account infrastructure for secure, flexible, and gasless transactions.

About Safe​

Safe (formerly Gnosis Safe) is the leading decentralized custody protocol for managing digital assets, identities, and data on Ethereum and 100+ EVM networks. Founded in 2018 by Richard Meissner and Lukas Schor, its battle-tested smart accounts secure over $100 billion in assets, serving high-profile users like Vitalik Buterin, enterprise clients (Shopify), and protocols (AAVE, 1inch).

Core Offerings:

  • Safe Core: Modular account abstraction stack for developers
  • Safe Wall: Non-custodial interface for individuals/DAOs
  • Safe Pass: Ecosystem reward program incentivizing smart account usage

As a foundational Web3 primitive, Safe aims to establish smart accounts as the default ownership standard, combining institutional-grade security with programmable transaction logic.

Technology​

Modular Smart Account Architecture​

  • Multi-sig foundation: Requires threshold owner approvals (EOAs or smart contracts) for transactions
  • Extensible via:
    • Plugins: Add custom logic (e.g., payment streaming, recovery)
    • Hooks: Trigger pre/post-transaction conditions
    • Signature Verifiers: Support passkeys/MPC alongside traditional ECDSA
  • Key Innovations:
    • Batched transactions (atomic multi-operations)
    • ERC-721/1155 token callback support
    • Sponsored gas fees payable in ERC20 tokens
    • Transaction simulation previews

This architecture solves critical Web3 challenges: eliminating single-point key failures, enabling complex DAO governance, and abstracting gas mechanics for end-users.

Key Features​

  • 🔐 Configurable multi-sig (1/N to M/N signer schemes)
  • 🧩 Modular extensions via 14+ standardized modules (ERC-7579)
  • ⚡ Gasless transactions through relayers & ERC20 fee payments
  • 🔄 Batched operations (e.g., swap→stake→vote in one tx)
  • 🛡️ Deployment across 100+ chains with consistent security
  • 📜 Fully audited – 30+ security audits since 2018
  • 🤖 Integrated with 200+ dApps including Uniswap and Lido

Integration with Eliza​

While no official ElizaOS plugin is documented, Safe's architecture enables seamless integration through:

  1. Safe Core API: Directly embed smart accounts into ElizaOS workflows
  2. Custom Plugins: Develop Eliza-specific modules for:
    • Cross-chain asset management
    • Automated treasury policies
  3. Shared Security Models: Leverage Safe's audited multi-sig base layer
  4. Gas Abstraction: Implement Eliza-branded sponsored transactions

This synergy could allow Eliza users to manage institutional-grade wallets without leaving the platform, combining Safe's security with Eliza's user experience.

Recent Developments​

(2024)

  1. July 2024: Partnered with Rhinestone & Pimlico to launch 14+ ERC-7579 modules
  2. Safe Pass Program: Ongoing points system rewarding ecosystem interactions
  3. Base Collaboration: Providing free gas credits for developers on Coinbase's L2
  4. Governance: Fully decentralized via SafeDAO and SAFE token

Market Position​

Leadership: Controls ~60% market share in institutional smart accounts
Competitors: Outperforms Argent and Ledger through:

  • Broader chain support
  • Superior audit track record
  • Enterprise-grade permissioning

Notable Partners:

  • Chains: Base, Avalanche, Polygon
  • Infrastructure: Gelato (relayers), Web3Auth (MPC)
  • dApps: AAVE, Uniswap, 1inch

Adoption:

  • 8M+ smart accounts created
  • 40% YOY growth in enterprise clients