Safe Multisig Wallet
Safe (formerly Gnosis Safe) has become the account abstraction leader on Ethereum and EVM networks, with Protofire playing a crucial role in expanding its infrastructure across multiple blockchains. This partnership has revolutionized secure digital asset management while providing institutions, DAOs, and individuals with enhanced security through multi-signature capabilities. Before delving into the specific achievements, it's important to note that Safe now secures over $100 billion in assets and has processed more than $150 billion in transfer volume over the past year.
To fully appreciate the scale and significance of Protofire’s contribution to the Safe ecosystem, explore safe.protofire.io. This platform serves as the central gateway for Safe deployments, offering a comprehensive overview of Protofire’s work across 100+ EVM networks, including major mainnets like Blast, Mantle, Linea, Scroll, zkSync, and Berachain.
About the Project
Protofire helped Safe to develop the Safe technology. Safe Multisig is a customizable crypto wallet running on Ethereum.
- Safe technology built by experts
- Usage of non-custodial wallets
- Financial management tool
- Multisignature for teams and individuals
- Versions: Web, Desktop, and Mobile apps
- Gnosis Safe supports ETH, ERC20 (Tokens) and ERC721 (NFTs)
- Users can see the value of their assets in several currencies
- A balance between usability, security, and self-custody
$100B
of Total Value Locked in Q1/2022
48K+
of total safes created in Q1/2022
458K+
of total transactions made in Q1/2022
Managing digital assets securely is a persistent challenge for individuals, organizations, and DAOs due to:
- Security Risks: Single-signature wallets are vulnerable to unauthorized access and accidental transactions.
- Complex Asset Management: Teams and DAOs need collaborative tools to manage funds efficiently without compromising security.
- Limited Ecosystem Support: Many wallets lack compatibility with diverse blockchain networks and DeFi applications.
- High Maintenance Costs: Ensuring reliable infrastructure across multiple networks requires ongoing updates and optimizations.
These issues hinder the broader adoption of decentralized asset management solutions.
Protofire partnered with Safe to deploy its multisignature wallet across multiple blockchain ecosystems while enhancing its functionality and user experience. Key innovations include:
- Multisignature Security: Safe enables multiple signers to approve transactions, reducing the risks of unauthorized access or fraud. The 2/3 or 2/4 configuration is considered ideal, allowing teams to approve replacements if a wallet is lost or compromised.
- Cross-Network Deployments: Protofire has deployed Safe contracts and infrastructure for over 100 EVM networks, including:
- 6 networks migrated to safe.global page
- Contributed to zkSync network support
- Deployed on Blast, Mantle, Linea, Scroll, zkSync, and Berachain
- Additional deployments on BotanixLabs Testnet, Nibiru EVM, Hoodi Testnet, Moonbeam, TAC Testnet, and more
- Customizable Infrastructure: Protofire provides a full package of services tailored to network needs, including:
- Smart Contracts deployment
- zkSync Compatibility
- Backend and Indexing Services
- Customized User Interface with mobile compatibility
- DeFi Integrations: Built-in support for 200+ apps allows users to manage, stake, lend, borrow, and transact directly from the wallet interface.
- ngoing Maintenance: Protofire ensures smooth and operational services via established monitoring and alert processes, providing continuous updates and feature enhancements.
Protofire's contributions have delivered measurable improvements across several key performance indicators:
- Total Value Locked (TVL): Safe secures approximately $69 billion across more than 11 million accounts, with over $100 billion in total assets protected according to Safe Wallet's website. Specifically, Protofire-deployed networks contribute more than $2 billion USD in TVL.
- Total Volume Processed (TVP): Safe has consistently processed over $25 billion per month, with more than $150 billion in transfer volume originating from Safe in the last 12 months.
- User Growth:
- Total accounts: 10 million+ Safe accounts in total
- Monthly active accounts: 2.7 million (up 67% QoQ)
- Transaction growth: 27 million transactions executed in Q2'24 (up 67% QoQ)
- (Source: https://safe.global/blog/safedao-community-aligned-fees-introduction)
- Network Expansion: Safe is now deployed on numerous networks, including:
- Ethereum Mainnet
- OP Mainnet
- BNB Smart Chain
- Gnosis Chain
- Polygon
- Arbitrum
- zkSync Era
- Avalanche
- Linea
- Mantle
- Blast
- And many more
- Compatibility: Safe is compatible with popular hot and cold Ethereum-based wallets such as Metamask, Wallet Connect, Trust Wallet, Ledger, and Trezor.
- API Reliability: Protofire ensures compatibility with official APIs, allowing interaction with safes outside main UIs using protocol-kit and api-kit by Safe Global.
Adopting Gnosis Safe Wallet provides significant advantages for individuals, organizations, and DAOs:
- Enhanced Security:
- Multisignature approval ensures collaborative decision-making for transactions while minimizing the risks of unauthorized access or fraud.
- Cross-Network Compatibility:
- Supports 14+ EVM-compatible blockchains, enabling seamless asset management across diverse ecosystems.
- Integrated DeFi Access:
- Built-in dApp integrations allow users to interact with DeFi protocols directly from the wallet interface without switching platforms.
- Customizable Configurations:
- Tailored deployments allow projects to adapt Gnosis Safe to their specific needs, including branding and governance structures.
- Scalable Infrastructure:
- Reliable staging environments ensure smooth updates and feature rollouts without disrupting user activity.
Gnosis Safe, now known simply as Safe, is the leading multisignature smart contract wallet designed for secure digital asset management on Ethereum and EVM-compatible blockchains. Trusted by high-net-worth individuals, organizations, DAOs, and DeFi protocols like Uniswap and MakerDAO, Safe has become the gold standard for collaborative fund management.
Protofire partnered with Gnosis Safe to deploy its wallet across multiple networks while enhancing its infrastructure through custom branding, staging environments, integrations with DeFi protocols, and ongoing maintenance services. Together with the Safe team, Protofire is driving innovation in decentralized asset security.
Technology Stack
We leverage the most suitable technologies for each solution to help our customers achieve their business goals more swiftly.
Programming Languages
Tools and Libraries
Infrastructure
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