Regulatory Compliance and Trust
Building the future of finance responsibly, hand-in-hand with global regulators.
Our Commitment to a Compliant DeFi Ecosystem
SAYT BANK understands that long-term success in decentralized finance requires adherence to global regulatory standards, consumer protection, and financial integrity principles.
We believe that Decentralization and Regulation are not mutually exclusive, but rather complementary forces driving mainstream adoption.
KYC / AML Policy
The core SAYT BANK smart contracts are permissionless. However, specific institutional access points, high-volume transactions, and fiat on/off-ramps require mandatory Know Your Customer (KYC) and Anti-Money Laundering (AML) checks.
Code Transparency & Audits
Security is our paramount commitment. All core smart contracts are publicly verifiable and undergo rigorous external audits by leading blockchain security firms. Audit reports are available upon request.
Jurisdictional Strategy
SAYT BANK operates globally but recognizes jurisdictional differences. Access to certain services or digital assets may be restricted based on the user's geographical location and local regulatory requirements.
DAO Governance and Regulatory Updates
The SAYT BANK protocol is decentralized and governed by the $SRT token holders (DAO). The DAO plays a crucial role in maintaining regulatory fitness and adapting the protocol to changing legal landscapes.
- Protocol Upgrades: Any necessary smart contract upgrades required to adapt to new regulatory mandates are proposed and voted on by the DAO community.
- Risk Parameter Adjustment: Changes to lending caps, collateral requirements, and fee structures are often reviewed through a compliance lens before being implemented by the DAO.
- Treasury Management: DAO controls the treasury to fund compliance-related activities, legal counsel, and necessary external audits.
For detailed information on current proposals and voting history, please visit our Decentralized Governance Portal.