Compliance
The complete regulatory overview is available in the governance section. As a summary, please find below the key requirements for custodians:
KYC and redemption
KYC and contract completion gate redemption of EVEC into payout. Users can trade vault tokens and reinvest EVEC without KYC, but cannot redeem to cash equivalents until checks pass.
Geographic scope
Disclose the markets you serve and any restrictions. State reliance on third party providers where applicable.
Records
Maintain intake files, storage logs, insurance policies, inspection reports, sale files, distribution proofs, KYC evidence for redemptions, and incident logs. Hash or link materials on chain when possible and keep versions.
Market conduct
Publish material changes quickly and do not trade on undisclosed custody or insurance events.
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