Safe Labs Launches Production Version of Safenet, Ending Beta Phase

Safe Labs has launched the production version of the decentralized trading security network Safenet within Safe{Shield}. Safe multi-signature transactions will be audited by four security companies: BlockSec, Candide, IntentGuard, and OpenCover, each required to stake collateral for their assessments, with penalties for incorrect judgments. The audit results will be recorded on-chain. Safenet is currently available to Safe Pro users on Ethereum, Arbitrum, and Gnosis Chain, with plans to expand to all Safe multi-signature users by 2027 and to introduce an optional on-chain enforcement module, Safenet Guard.

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