KYC Compliance Limits

Bracket will implement compliance limits

Please see terms of service for user eligibility. Starting in Phase II, the Bracket Platform will have KYC limits based on volume tiers and activity on the platform. These limits are subject to change without notice as Bracket is required. The below does not include OFAC and other required transaction monitoring thresholds. Tier 1

Action
USD equivalent
Requirement

Swapping into brktETH via Bracket

TBD

Eligible users permitted

Redeeming brktETH for underlying assets via Bracket

TBD

Eligible users permitted

Deploying brktETH into a strategy

TBD

Eligible users permitted

Tier 2

Action
USD equivalent
KYC required

Swapping into brktETH via Bracket

TBD

ID verification

Redeeming brktETH for underlying assets via Bracket

TBD

ID verification

Deploying brktETH into a strategy

TBD

ID verification

Tier 3

Action
USD equivalent

Swapping into brktETH via Bracket

TBD

Full KYC, focused on institutions, UBOs etc.

Redeeming brktETH for underlying assets via Bracket

TBD

Full KYC, focused on institutions, UBOs etc.

Deploying brktETH into a strategy

TBD

Full KYC, focused on institutions, UBOs etc.

*Note that the above thresholds are initial and designed to allow Bracket to monitor for user behavior during an experimental phase.

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