Verifications and Screenings
Verification Processes
YieldFi implements a layered set of technical, compliance, and operational controls to help enforce eligibility restrictions and mitigate misuse of the platform. These controls are designed to support regulatory compliance, sanctions obligations, and risk management, but they do not guarantee that prohibited users will never attempt to access the platform.
In-App Screening Processes
IP and Geolocation Screening
When a user visits the YieldFi website or application, their IP address may be automatically analysed to determine geographic location. If the IP address is identified as originating from a restricted jurisdiction, access to the website or certain functionalities may be blocked.
This process may also include measures designed to detect and restrict access via VPNs, proxy services, or anonymisation tools where such access is inconsistent with compliance requirements.
Wallet Screening
YieldFi may perform screening checks when a user connects a wallet to the platform. These checks are designed to identify wallets associated with:
Sanctioned entities
Known illicit activity
High-risk blockchain exposure
Compliance red flags
If a connected wallet is flagged by screening tools, the platform may automatically disconnect the wallet and restrict access to wallet-based functionality.
Acceptance of Legal Documentation
Before interacting with Tokens or restricted features, users may be required to review and explicitly accept the General Terms and Conditions, Token Terms, and related legal disclosures. These documents clearly state that participation from prohibited jurisdictions is not permitted.
Onchain Screening Processes
At the smart contract level, certain minting and redemption contracts may integrate third-party compliance or sanctions screening infrastructure (where technically feasible).
This may include the use of blockchain compliance oracles (such as Chainalysis or equivalent providers) that maintain lists of sanctioned or restricted wallet addresses. Where implemented, addresses identified by such systems may be prevented from minting, redeeming, or interacting with certain smart contract functions.
Onchain compliance controls are dependent on the capabilities of the underlying network and tooling and may not be available across all deployments.
Offchain Transfers (Fiat-Based Processing)
Investors wishing to subscribe or redeem Tokens using fiat (e.g. USD bank transfers) must follow a manual compliance process.
Such investors may be required to:
Contact the YieldFi team via the official support channel
Complete onboarding and KYC/AML verification
Receive explicit written approval from YieldFi’s compliance function
Once approved, the investor may be added to a compliance allowlist (commonly referred to as a “greenlist”) for fiat-based processing. Confirmation is typically provided via email.
Approval timelines may vary depending on complexity of review and may take several business days.
Greenlisting for fiat transactions applies only to offchain processing and does not guarantee ongoing eligibility across all products or jurisdictions.
Important Note
These verification mechanisms are designed to support compliance efforts but:
Do not guarantee that all prohibited activity will be detected
Do not replace the user’s responsibility to comply with applicable laws
Do not create any obligation for YieldFi to permit access
YieldFi reserves the right to restrict, suspend, or terminate access to any user at any time where required for legal, regulatory, security, or risk management reasons.
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