SafeDAO proposes licensing fees for protocols integrated into Safe Wallet
On August 30th, SafeDAO's contributors proposed implementing a license fee model for protocols integrated into Safe Wallet to open up a dedicated revenue stream. The proposal, proposed by the Safe Ecosystem Foundation, is SafeDAO's first move towards revenue diversification. The proposal first focuses on the exchange function within Safe Wallet, which is expected to generate $2.50 million in annual license fee revenue through the local exchange function supported by partner CoW Protocol. SafeDAO currently manages nearly $60 billion of smart account infrastructure, providing tools for crypto asset management in the Ethereum ecosystem.