What Is Brahma Finance?
Console is made to improve the efficiency of on-chain operations for teams and individuals, without compromising on security.
Based on Safe, Console provides Risk Segregation, Trustless Delegation, and powerful Automation and Execution capabilities.
Background
Brahma has recently raised a seed extension round of $2.5M led by Greenfield Capital, with the participation of Safe, Framework Ventures, Maven11, and Bitscale.
Brahma previously raised $4.20M led by Framework, Maven11 amongst other investors.
How It Works
Console is a self-custodial product with a security-first design, currently live on Ethereum and Arbitrum and is coming soon to more EVM chains.
Based on Safe, Console leverages the gold standard of multi-sig security with additional access control, automation, and execution functionalities.
Brahma is not an isolated environment, you can connect to any dApp on Ethereum and Arbitrum via Wallet Connect to perform any transaction you wish, as you would normally do from your wallet.
Key Features
- Sub-Accounts and transaction policies allow the segregation of risks within the wallet, as well as the trustless delegation of specific operations to a team member or third parties, delimiting their scope of operations.
- Access Seamless Lending: Console provides batched transactions, automated position adjustments and enhanced risk management for on Aave V2 and V3 with more planned automations arriving soon.
- Automate Execution: pre-approve specific automation routines. Anything can be automated, from opening or closing a position to rebalancing or performing any other on-chain operation. Automation will initially be built for individual client needs and, in the future, be open for everybody to build on.
- Console handles complexities of transaction execution, from gas estimation to RPC routing. Console has a relayer and transaction handling service, which handles transactions from signature to completion, including retrying stuck transactions and handling network congestion
- 100% self-custody: Users maintain full ownership and can access your assets directly through Safe’s independent interface, ensuring continuous control without dependency on the Console’s UI.
