Braavos and Starknet Foundation Announce a Strategic Development Partnership
Braavos, a leading smart contract wallet creator, has announced a key partnership with the Starknet Foundation. This alliance follows Starknet’s announcement of a $1.8 billion token plan for network and user growth. The collaboration between Braavos and Starknet is set to significantly enhance the user experience within the ecosystem, covering several key aspects. These include improved security solutions, advancements in DeFi infrastructure, sophisticated multi-signature functionalities, and a focus on promoting community building and expansion.
A Collaborative Journey
Braavos has been a major player in the Starknet ecosystem since late 2021. This partnership, acknowledged by Diego Oliva, CEO of the Starknet Foundation, demonstrates Braavos’ strong role in advancing the frontiers of blockchain technology:
“Independent builders and leaders are key to creating a strong ecosystem, and Braavos’ innovative products and seamless user experiences have had a meaningful impact on the onboarding of new users to Starknet. We are proud of their work and values, and today’s expansion of our Developer Partnership solidifies our joint commitment to helping Starknet grow.”
Advancing Wallet Technology and DeFi
Braavos is known for its user-friendly and innovative secure crypto wallets, effectively harnessing the power of account abstraction on Starknet. The Braavos app is available across both mobile and web platforms. It offers robust security with 2FA or 3FA, utilizing the device’s advanced security chip and biometric authentication for safe transactions. In the realm of DeFi, Braavos introduced Stake+ DeFi Pooling on Starknet, allowing users to stake ETH and earn yield while paying very low fees. This makes even small deposits economically viable.
The partnership between Braavos Wallet and the Starknet Foundation represents a significant step in the ability to offer valuable benefits to Starknet users. “We are thrilled to collaborate on this developer partnership with the Starknet Foundation. Starknet, introduces new and unique paradigms to the crypto space. This includes built-in account abstraction in the Starknet protocol and the battle-tested STARK technology, which holds significant potential for scaling Ethereum to hundreds of transactions per second (TPS) and beyond. This partnership aligns with Braavos’ mission to deliver the benefits of self-custody and decentralization to users without compromising on an intuitive and friendly experience,” said Motty Lavie, CEO of Braavos. “Together, we look forward to pushing the boundaries of what smart contract wallets can achieve on Starknet.”
Stay tuned for more updates as we continue to make progress in this exciting collaboration.