We are excited to publish the first release of the SafeDAO Governance Analytics Report, covering key governance metrics and insights for April 2024. This report marks a significant milestone in our efforts to enhance transparency and foster informed decision-making within the SafeDAO community.
Special thanks to @Andre on his help in reviewing the initial version of the report.
Key Findings:
Votable Supply Increase: Post-transferability, votable supply rose from 231.8M to 331.89M SAFE Tokens (+43.18%).
Disclaimer: The reported increase in votable supply may not fully capture the subtleties of actual token votable supply. Our data model accounts for vesting tokens linked by delegation or signature. Tokens available for voting but not actively linked are not included. While the primary rise is due to Gnosis treasury and SafeDAO <> Gnosis Joint Treasury tokens, the actual increase from other sources is slightly less than reported.
Voting Power Distribution: Significant reshaping with broader base inclusion but notable concentration at the top (e.g., GnosisDAO Treasury with 68.4M SAFE).
New Delegates: Over 132 new delegates, enhancing diversity but yet to see how active these new delegates will be in participating in SafeDAO governance.
Sell-off Among Delegators: Post-transferability, 104 existing delegates experienced an average voting power reduction of 30.2%, indicating a significant sell-off by their delegators.