# Glossary

### **Overview**

This glossary defines key terms and concepts used throughout the Brava platform and documentation. It’s designed to help new users, allocators, and developers understand Brava’s architecture and terminology.

***

#### **A**

**Allocation**\
The process of deploying funds from a workspace’s SAFE wallet into specific holdings within a portfolio. Allocations are executed as on-chain transactions that can distribute capital across multiple pools or chains in one action.

**Asset**\
Any supported token or instrument (e.g. USDC, USDT, DAI, or tokenised real-world assets) held or managed within a workspace or portfolio.

***

#### **B**

**Brava**\
A non-custodial platform providing professionals and institutions access to stablecoin and real-world-asset (RWA) credit markets. Brava automates allocation, execution, and reporting across self-custodied vaults.

**Bridge / Bridging**\
The process of moving assets across blockchain networks. Brava automates bridging as part of allocation, transfer, and withdrawal transactions, users never have to perform bridging manually.

***

#### **C**

**Client Account**\
A segregated workspace representing one managed client, fund, or treasury mandate.

**Custody (Self-Custody)**\
A model where users retain full control of their assets. Brava never takes custody, all transactions are executed via the user’s underlying SAFE wallet.

***

#### **D**

**Dashboard**\
The main Brava interface where users can view balances, performance analytics, and manage workspaces, portfolios, and transactions.

**Deposit**\
A transaction that moves funds from an external wallet (e.g., Fireblocks, Utila, Metamask) into a workspace’s SAFE wallet. Deposits represent the first step before allocating capital into portfolios.

**Diversification**\
The act of distributing assets across multiple holdings, protocols, or chains to reduce risk exposure.

***

#### **F**

**Fireblocks / Utila / Ledger Enterprise**\
Institutional custody and wallet infrastructure providers commonly used to connect to Brava workspaces.

**Funds (Allocated vs Unallocated)**

* **Allocated Funds:** Capital that has been deployed into one or more portfolios.
* **Unallocated Funds:** Capital sitting in the workspace SAFE wallet awaiting deployment.

***

#### **H**

**Holding**\
An individual yield-bearing instrument within a portfolio, such as a lending pool, liquidity vault, or tokenised RWA credit.

***

#### **M**

**Managed Fund (Brava Managed Fund)**\
A professionally managed investment vehicle offered by Brava, providing diversified exposure to digital credit and RWA markets. Distinct from user-managed portfolios within the Brava platform.

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#### **P**

**Portfolio**\
A structured grouping of holdings (stablecoin and RWA assets) within a workspace. Portfolios define allocation weights, performance metrics, and yield strategies. Each workspace can have multiple portfolios.

**Portfolio Allocation**\
The proportional distribution of capital across holdings within a portfolio.

**Portfolio Rebalance**\
The act of updating allocation weights within a portfolio, typically triggered by a rebalance transaction to reflect new strategy parameters.

**Proportional Withdrawal / Transfer**\
A transaction that maintains the relative weighting of holdings while moving or withdrawing capital.

***

#### **R**

**Rebalance Transaction**\
An on-chain operation that applies saved portfolio changes (drafts or edits) to update the portfolio’s active allocation.

**Real-World Assets (RWA)**\
Tokenised representations of off-chain financial instruments, such as trade finance, private credit, or treasury bills, integrated into Brava’s investment strategies.

***

#### **S**

**SAFE Wallet**\
A smart-contract wallet that underpins every workspace in Brava. It ensures asset segregation, permission management, and secure execution of transactions.

**Segregation**\
A structural design principle in Brava ensuring that each workspace’s assets and portfolios remain completely separate from others.

**Self-Custodial Architecture**\
Brava’s infrastructure model where users retain full control of funds while the platform automates transactions and reporting.

***

#### **T**

**Template Portfolio**\
A pre-configured portfolio blueprint designed to help users quickly deploy capital into common yield strategies.

**Transaction**\
Any blockchain operation executed through the Brava platform.\
There are five main types:

* **Deposit:** Add funds to a workspace.
* **Allocate:** Deploy funds into portfolio holdings.
* **Transfer:** Move funds between portfolios.
* **Redeem:** Return allocated funds from a portfolio to the workspace wallet.
* **Withdraw:** Return funds from the workspace wallet to the connect wallet.

**Transfer**\
Moves capital proportionally from one portfolio to another within the same workspace, preserving allocation weights.

***

#### **W**

**Wallet (Connected Wallet)**\
The user’s externally managed Web3 or custody wallet (e.g. Fireblocks, Utila, Metamask) connected to Brava for authentication and transactions.

**Withdrawal**\
A transaction that proportionally withdraws capital from the workspace SAFE wallet to the client's connected wallet.

**Workspace**\
A self-contained environment in Brava that represents one client or fund account. Each workspace has its own SAFE wallet, portfolios, and reporting. Workspaces ensure complete segregation of assets, activities, and permissions.

***

#### **Y**

**Yield**\
The return generated from deployed holdings within a portfolio. Yield may come from lending interest, protocol rewards, or tokenised credit flows.


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