Regulatory Alignment
● BRL1 is structured to meet the upcoming regulations for PSAV (VASP) and Stablecoin, from the Central Bank of Brazil.
● Adheres to KYC and AML protocols to ensure secure transactions.
Governance Model
● Managed by a council that represents the founding partners, ensuring transparency and institutional oversight.
● Governance decisions require a qualified majority vote, providing strong consensus and control mechanisms.
Smart Contract Security
● BRL1 uses the extensively tested OpenZeppelin smart contract libraries to obtain security and upgradability.
● Smart contracts are publicly verifiable on PolygonScan.