Anti Money Laundering Functionality
Anti money laundering policies are determined by governance. Wallets deemed prohibited, where regulatory authorities identify involvement in illicit activity for example, can be prevented from participating in token pools.
New wallets matched against a predetermined prohibited list can be blocked from entry.
Wallets deemed prohibited which are already supplying assets can have forced liquidations enacted resulting in borrow positions being repaid. Any balance of supplied assets and staked MNT is then transferred to the wallet. No liquidation discount is applied and gas costs are borne by Minterest.