SAFETI — Simple Agreement for Future Equity and Token Instruments — is a fundraising document framework that extends Y Combinator's SAFE to cover both equity and token-based conversions.
Three agreement types
SAFE (Equity) — The classic SAFE. Converts to equity at a future priced round, with a valuation cap and/or discount.
Token Agreement — Converts to tokens at a future Token Generation Event (TGE), with a conversion rate and vesting schedule.
Interest Agreement — A fixed-return instrument where the investor receives their principal plus a multiple (e.g., 2x) or interest rate, with a defined maturity date.
Why use SAFETI?
Traditional SAFEs only cover equity. If your startup plans to issue tokens, you need a separate instrument — which creates legal complexity. SAFETI combines both paths in a single document, giving investors clarity on how both equity and token events interact with their investment.
Creating a SAFETI document
Visit safeti.co to create your agreement for free. Choose your type, fill in the terms, and download a professional Word document.