KIP-35: Decentralization Usage Acknowledgement

Summary

Kwenta will add an acknowledgment for new addresses that interact with the Kwenta UI which states that Kwenta is decentralized and it is up to the user to determine whether they are able to use the interface pursuant to their local regulations.

Abstract

Users will be required to sign a message stating that they understand Kwenta is a decentralized platform and that they have determined whether their local regulations allow them to use such products.

Motivation

By ensuring that new users are prompted with information surrounding the usage of Kwenta, we will clarify Kwenta’s area of operation and improve users’ awareness about whether they are acting outside of their local regulatory framework or not, ensuring that individuals understand the risks they may be taking and that they are assuming sole responsibility for their actions.

Specification

For full details, visit: https://kips.kwenta.io/kips/kip-35/