Trust & Compliance
Built for Security, Backed by Regulation
Fount is engineered to meet the highest standards of on-chain safety, regulatory compliance, and institutional readiness - without compromising the self-custodial nature of crypto.
This is achieved through a multi-layer architecture of smart contracts, role-based controls, and regulated partners.
1. Custody & Escrow
Fount uses a modular architecture to separate control over assets, execution, and compliance enforcement.
Core Components
Conduit: A smart contract that manages all asset transfers into and out of the vault — ensuring no funds move without approval
Escrow Contracts: Used for gated deposits and pending redemptions, especially in strategies with settlement delays
Yield Curators: Receive fiat capital and deploy it — but never hold your crypto or vault tokens
🔑 Self-Custodial Nature Preserved
Users retain on-chain ownership of their investment at all times. Custody is handled exclusively by regulated institutions like Fireblocks, BNY Mellon, and State Street on the fiat side.
2. Role-Based Access Control
Fount implements a strict hierarchical role system to minimize risks and prevent abuse:
Role
Responsibilities
Protocol Admin
System-level permissions, governance control
Strategy Admin
Approves new strategies and asset integrations
KYC Operator
Manages KYC/AML permissions
Price Updater
Updates NAV via oracle reporters
Strategy Operator
Executes manager actions (e.g., fund deployment)
🚫 Zero Unauthorized Access
Every smart contract interaction is permission-gated. Unauthorized access is blocked at the protocol level.
3. AML & KYC Framework
Fount is fully compliant with global AML standards and requires KYC verification before any capital deployment.
All users complete identity verification through Persona, a leading KYC verification provider
Wallets are continuously screened for sanctions, fraud, and risk flags
KYC and AML controls are embedded on-chain using Hook contracts
⚖️ Compliance Without Compromise
This ensures both regulatory compliance and automated enforcement without compromising protocol integrity.
4. Audit Coverage
All core contracts powering Fount are fully audited and follow security best practices:
ERC4626 vault logic
Escrow and GatedMint flows
Reporter and price oracle integration
Access control and role manager systems
5. Oracle & Valuation Integrity
Valuation updates are submitted by authorized roles only, using the Reporter contract.
To ensure accuracy and prevent manipulation:
All NAV updates are timestamped and versioned
Price changes above a set deviation threshold are automatically rejected
Role-based permissions restrict who can submit updates
6. Geographic Restrictions
To comply with international regulations, users from the following jurisdictions are currently restricted from accessing Fount:
United States
North Korea
Iran
Syria
Cuba
Russia
Crimea
other OFAC certain sanctioned regions
🛡️ Evolving Compliance
This list is updated regularly in line with evolving global compliance frameworks.
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