DeFi platform Oasis to block wallet addresses deemed at-risk

Cointelegraph

Published Aug 11, 2022 05:45PM ET

Updated Aug 12, 2022 07:20PM ET

According to a new community Discord post on Thursday, decentralized finance (DeFi) 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 a 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:

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