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Cryptocurrency News

DeFi platform Oasis to block wallet addresses deemed at-risk

08/12/2022

Less than a minute

2022.08.12 16:45

According to a new community Discord post on Thursday, decentralized finance platform Oasis.app says that sanctioned addresses will no longer be able to access the application. As a result of the change to the terms of service, wallets flagged as high risk are prohibited from using Oasis.app to manage positions or withdraw funds. Instead, such category of users must interact directly with the relevant underlying protocol where funds are stored or find another service.

In explaining the decision, Oasis.app team member Gabriel said:

Source

08/12/2022

Less than a minute