British, Virgin Islands, March 4th, 2024, Chainwire

Brahma, the self-custody and execution suite on Ethereum mainnet, Arbitrum, and Blast, proudly announces the deployment of Console, a winning dApp of the Big Blast Competition, which is set to redefine DeFi execution on the Blast L2 network. Console is built on top of Safe, the most secure self-custodial layer, safeguarding over $91 billion worth of assets on-chain.

Console stands as a testament to the team's unwavering commitment to enhancing the efficiency and scalability of on-chain operations within the DeFi ecosystem. Alessandro Tenconi, co-founder of Brahma shared his enthusiasm, stating, "We're bullish on improving the efficiency of on-chain operations and making DeFi more scalable with Console."

Brahma Console emerged as one of the winners of the highly competitive Blast L2 Big Bang Competition under the infrastructure category, securing a coveted spot on the Blast Mainnet upon its launch. The team is committed to redistributing 100% of Blast Gold rewards back to its users based on in-app deposits/holdings, usage, and dApp interactions with the ecosystem among other things.

Users of Brahma Console will unlock advanced capabilities, empowering them to harness the full potential of the Blast ecosystem. These include:

  1. Security of a self-custodial multi-sig wallet powered by Safe
  2. Blast-native Automations: Seamlessly execute portfolio rebalances, yield actions, and other automated tasks tailored specifically for Blast L2.
  3. Isolated Sub-Accounts: Enhance risk management by segregating assets into sub-accounts when transacting on-chain via Blast.
  4. Policies for Trustless Delegation: Implement robust policies for trustless delegation, ensuring the security and integrity of DeFi transactions.

Access to Console is now open to all Blast users, offering power users, teams and DAOs a seamless and secure Blast navigation experience.

Brahma extends its heartfelt congratulations to all participants of the Big Bang Competition, expressing eagerness to collaborate and innovate alongside fellow pioneers in the DeFi space.

Users can continue to explore Console on Blast and unlock access today: https://brahma.fi/blast

Users are invited to join Brahma in shaping the future of DeFi on Blast, where security, scalability, and innovation converge to unlock unprecedented opportunities for all.

About Brahma Console:

Brahma Console is an on-chain execution and automation environment leveraging Safe smart accounts custody, tailored for Asset Managers, DAOs, and power users.

Console allows users and teams launching on Blast L2 to streamline automation and multi-sig processes with configurable delegation, access control, and execution tooling, easily orchestrating multiple Safes while users keep full ownership and independent access to their Safes.

Follow BrahmaFi on Twitter for more updates

Contact

Aarushi A
aarushi@brahma.fi

Disclaimer: Press release sponsored by our commercial partners.

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