Bybit LearnTopicsLatest HappeningsBlogBybit GuidesExpertsEcopedia
Log In
Sign Up
Topics web3Current Page

Safe (SAFE): Enhancing Web3 With Ethereum Smart Accounts

Intermediate
web3
Explainers
Altcoins
May 2, 2024
6 min read
0

Thus far, digital asset management has largely been governed by externally owned accounts (EOAs). Unfortunately, these EOAs are riddled with challenges, including security concerns, challenging account recovery, high gas fees, seed phrase complications and more. As a result, they’re a hindrance to bringing more mainstream users to the table. A modular infrastructure that addresses these concerns is essential for the growth of the industry and greater smart account adoption.

Key Takeaways:

  • Safe is a modular smart account infrastructure that allows developers to create features and products that overcome the challenges associated with EOAs.

  • Looking to trade SAFE tokens? Bybit now offers the SAFE/USDT Spot pair. To celebrate this listing, Bybit has prepared a special event with a total prize pool of 150,000 SAFE.

Grab Up to 5,100 USDT in Rewards

Also, enjoy 555% APR on Bybit Earn products!

Start Earning Now