Flare is pleased to announce its partnership with Palmera.
The Palmera integration brings Safe{Wallet} to the Flare ecosystem, enhancing treasury and multisig management, and equipping developers and users alike with secure, efficient, and scalable tools for asset management. Palmera has already deployed Safe across 12+ EVM networks, with Safe having secured billions in assets. In total, Palmera has supported over 700 on-chain organizations.
Try Safe{Wallet}: https://multisig.flare.network/welcome
To better understand how the Palmera integration benefits the greater Flare ecosystem, let’s first explore Safe Smart Accounts.
What is a Safe Smart Account?
Safe Smart Accounts, created by Palmera, are multi-signature (multisig) smart accounts that require multiple authorized signatures in order to approve a transaction. Multisig accounts are ideal security solutions for treasury management, especially decentralized asset management, because they ensure that no single entity can unilaterally approve an unauthorized transaction.
While multisig accounts are more secure, they can also be more complicated for users. Safe Smart Accounts, however, simplify the multisig process and enable faster coordination among signers and increase efficiency.
Palmera deploy for Safe Smart Account also brings a host of asset management tools and an optimized UI that will benefit Flare builders and users.
What are the key benefits to Flare users?
In addition to the enhanced security that multisig accounts offer, Safe{Wallet} users on Flare will also benefit from:
The Flare MultisigApp: This comprehensive asset management tool offers users a branded, Flare-native dashboard for managing safes, tracking account balances, and monitoring open DeFi positions. Users can even assign custom roles and permissions within their safes for added security.
Interoperability: Cross-chain asset management is made simpler and more efficient thanks to Palmera’s Experience being available across 17+ EVM networks. This aligns well with the cross-chain opportunities that Flare offers its users.
Scalability: Safe{Wallet}are scalable asset management solutions for individuals and teams of all sizes, which will grow in importance as Flare’s ecosystem continues to expand.
Streamlined interface: The Safe{Wallet} user interface is designed to simplify creating, managing, and executing multisig transactions.
The partnership with Palmera benefits Flare users in a host of different ways, and it also aligns with Flare’s larger commitment to empowering its community with innovative tools, while prioritizing both security and efficiency.
How do I get started with Safe Smart Accounts on Flare?
Secure treasury management on Flare is easier than ever with Safe{Wallet}. To begin exploring the full capabilities of Safe{Wallet} , simply set up your account on Flare Safe App by Palmera and experience asset management tailored to your needs.