🛡️Security

Is Joint Protocol non-custodial?

Yes. You will always have control of your assets at all times. When you provide liquidity to a market, you deal directly with Joint contracts; You will always be able to remove your liquidity.

Is Joint Protocol Audited?

Joint Protocol will be audited before the mainnet launch.

What happens if a counterparty refuses to release an asset?

You can start a dispute if you have made the payment requested in the swap order. Joint Protocol’s dispute system brings real humans into a dispute to verify why an asset has not been released or a payment has not been made. The dispute system will release the asset to you if the evidence indicates that you made a payment. Otherwise, the swap will be cancelled.

What happens if a counterparty does not make a payment?

Suppose a counterparty does not make payment (or mark the swap order as paid). In that case, Joint Protocol will eventually allow the swap order to be cancelled by you or the counterparty after some time elapses. However, you can start a dispute if the counterparty marks the swap order as paid, but you did not receive the payment.

Is KYC Supported?

Interface and apps deployed by the Joint Lab team leverage the badge system to provide users with a kyc badge to indicate that an address has completed a KYC process. Market creators and liquidity providers are free to limit access to users who have the kyc badge.

Safe Mode

Joint Interface includes a safe mode setting that limits the markets and liquidity users are exposed to those created by users with a kyc badge. When this mode is turned on, users are assured that they are not dealing with unverified counterparts.

Regional Mode

Joint Interface filter markets by region. With the help of the badge system, a market can associate itself with a region/[country] badge to indicate that the market suits people of a specific region. Liquidity providers can also apply a region badge which will cause the protocol to enforce access to only users granted the specific region badge.