If you’re looking for a secure and profitable way to maximize your DeFi earnings, now is the perfect time to earn SAFE token GnosisChain with Beefy through the SafeBoost program. Thanks to a groundbreaking partnership between Beefy, Safe, and Gnosis, users can now benefit from an ecosystem-wide incentive designed to reward active engagement on Gnosis Chain. Here’s everything you need to know about how to earn SAFE tokens on Beefy while leveraging Safe smart accounts.
What is SafeBoost?
SafeBoost is a six-month-long incentive program designed to stimulate activity on Gnosis Chain through Safe smart accounts. Operated by karpatkey, this program is distributing 250,000 SAFE tokens to users who actively engage in DeFi activities via Safe accounts on Gnosis Chain. The incentives are funded by GnosisDAO and SafeDAO, ensuring a reliable and consistent yield opportunity.
How to Earn SAFE Token on Beefy
As a key launch partner for SafeBoost, Beefy is offering additional reward opportunities for users who interact with Gnosis Chain vaults using Safe accounts. Here’s how you can participate and start earning SAFE tokens:
1. Set Up a Safe Smart Account on Gnosis Chain
- Head to the Safe app and create a smart account on Gnosis Chain.
- Fund your Safe account with assets to start engaging in transactions.
2. Deposit Funds into Beefy’s Gnosis Vaults
- Use WalletConnect or Rabby to interact with Beefy from your Safe account.
- Choose boosted Gnosis products on Beefy to deposit funds and earn extra rewards.
3. Engage in Regular Transactions
SafeBoost rewards users based on four primary metrics:
- Transaction Count – More transactions equal more points.
- Transaction Volume – Larger transactions get higher rewards.
- Assets Stored – Holding funds in Safe accounts increases your yield.
- Regular Use – Frequent activity throughout the program maximizes rewards.
4. Target Boosted Vaults on Beefy
To get started, the first Beefy-boosted vaults include:
- wagwstETH-wagGNO Balancer V3 (Aura) Vault
- wagWETH-wagwstETH Balancer V3 (Aura) Vault More incentivized products will be introduced throughout the program, so keep an eye on Beefy’s announcements to maximize your earnings!
Why Participate in SafeBoost?
✅ Reliable and Publicly Funded Incentives
The 250,000 SAFE token allocation is backed by GnosisDAO and SafeDAO, ensuring steady rewards for active users.
✅ Higher Yield Opportunities with Beefy
By engaging with Beefy’s boosted vaults, you not only earn regular yield but also SafeBoost rewards, compounding your earnings over time.
✅ Maximize DeFi Engagement on Gnosis Chain
This is a long-term ecosystem-wide boost, meaning a sustained opportunity to accumulate rewards over six months.
✅ Seamless Cross-Chain Transactions
With the launch of Safenet, Safe is making liquidity fragmentation a thing of the past. Expect instant cross-chain transactions that enhance usability and profitability.
Get Started Today!
Don’t miss out on this opportunity to earn SAFE tokens on Beefy while supporting the adoption of smart accounts on Gnosis Chain. Set up your Safe account, deposit funds into Beefy, and start earning today!
Stay tuned for more updates as Beefy continues to roll out boosted vaults and SafeBoost introduces additional incentives to help you maximize your DeFi earnings!
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