1/ In this month’s kpk Governance Newsletter, we highlight a bold community proposal that could reshape how @safeDAO operates. What if Safe’s core Transaction Service became decentralised, unlocking privacy, protocol revenue and token utility? Let’s dig in 🧵

2/ Today, most Safe transactions go through a central relay. It’s a critical dependency. But it’s also: ➖ A single point of failure ➖ A vector for MEV ➖ A misalignment with values of decentralization So what’s the alternative?

3/ A community contributor has proposed a decentralised, privacy-first relay network. Users would pay a small “Safety & Privacy Fee” per transaction. That fee would flow to: ✅ SAFE stakers ✅ Relay operators A new incentive layer for the Safe ecosystem.

4/ The service would be: ➖Opt-in ➖Native to the Safe UI ➖Gradually adoptable ➖Designed to give retail users the same privacy as institutions Plus, it introduces tangible economic utility for the SAFE token.

5/ We covered this and much more in our June newsletter: ➖@Arbitrum OpCo updates ➖@Balancer governance upgrades ➖@CoWSwap auctions + token swap ➖Futarchy experiments from @Optimism, @Uniswap & @GnosisDAO ➖kpk’s treasury policy work with the Ethereum Foundation