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Depositor Approval

Depositors are required to pass verification before they are able to interact with the Vault's smart contracts directly.

The verification process consists of:

  • KYC/KYB
  • Sophisticated Investor Checks
  • A Loan Agreement specifying the relationship between each depositor and the Vault Operator

This process is distinct from Nexus Mutual membership.

Benefits of Approval

Approved depositors can access the full range of Vault actions:

Requirements

Before you complete the membership process, be sure to read the Know-Your-Customer (KYC) and Sophisticated Investor requirements.

  • KYC / KYB / AML: To interact with the Vault, you will need to verify your identity through the Know-Your-Customer / Know-your-Business / Anti-Money-Laundering process.
  • Sophisticated Investor Requirement: The Vault is not open to retail investors. Depending on the jurisdiction, you may be required to prove your status as a sophisticated investor with additional documentation.

While the Ethereum address you use for your registered wallet address can be changed later on, it's strongly recommended that you use a hardware wallet to generate an address that will be used as your address for interacting with the Vault.

Restricted Countries List

Unfortunately, we cannot accept applications from the following jurisdictions.

RestrictedCountriesList
AfghanistanHaitiRussia
AlgeriaIranSomalia
AngolaKenyaSouth Sudan
BelarusLao People’s Democratic RepublicSudan
BoliviaLebanonSyria
BulgariaMonacoVenezuela
CameroonMyanmarVietnam
ChinaNamibiaYemen
Cote d'IvoireNepal
Democratic Republic of CongoNorth Korea