Security is a top priority for Braavos, and Bitcoin Earn has been built to minimize risk at every level β from self-custody to bridging and investing.
π Key security measures include:
- Self-Custody: You hold the keys. No one β not Braavos, not a third party β can move your BTC without your approval.
- Biometric Signing: Transactions for Starknet assets require your fingerprint or faceID for an added layer of protection.
- Audited Protocols: Braavos, Atomiq (bridging), and Vesu (yield) are all independently audited and undergo continuous security monitoring.
- Zero Breaches to Date: None of the systems involved have experienced a security incident.
β οΈ Risks and How They’re Mitigated:
- Smart Contract Risk:
All DeFi platforms have this. While contracts are audited and monitored, bugs are always a possibility. Braavos minimizes this by working only with top-tier audited partners and limiting feature exposure early on (e.g. the 0.5 BTC cap per transaction). - Bridge Risk:
The BTC bridge is powered by Atomiq β a fully trustless and audited protocol. If a swap fails, the smart contracts allow you to reclaim your BTC after a short delay. - Credit Risk:
Thereβs none. Braavos Bitcoin Earn does not lend your BTC. Youβre never at risk of borrower default or liquidation. - Centralization/Counterparty Risk:
Thereβs no centralized custodian β the system is fully self-custodial. However, the protocols (Braavos, Atomiq, Vesu) are interdependent. While decentralized, issues within any of them could pose risks, which is why audits and active monitoring are in place.
Bottom line: You stay in control. Thereβs no centralized point of failure, and the architecture is designed to reduce exposure while still making Bitcoin yield simple and accessible.