PIP-27: Limits & Token whitelist for V1

[Praetorian]

Panther Improvement Proposal (PIP) 27: Limits & Token Whitelist for V1

Proposal Overview

This proposal recommends setting initial transaction limits for Panther Protocol’s V1 DAO Zone: a deposit limit of $25,000 per day and a withdrawal limit of $100,000 per day. Additionally, this proposal requests adding USDC as a whitelisted stablecoin token within the protocol to support enhanced liquidity and regulatory alignment.

Motivation

Our zone enforces strong compliance controls, including on-chain KYC with liveness and identity verification, PEP and sanctions screening, as well as real-time KYT monitoring. Given this robust compliance infrastructure, these recommended limits balance user accessibility with AML risk mitigation:

• A $25,000 daily deposit limit aligns with common regulatory thresholds and practices among regulated exchanges in the EU, helping manage onboarding risk while supporting user growth.

• A $100,000 daily withdrawal limit allows liquidity flexibility given the protocol’s and zone managers’ compliance capabilities, including user reveals, forensic reveals, and Suspicious Activity Reports (SARs).

• Adding USDC to the whitelisted tokens aligns with Panther’s regulatory-forward approach, due to it being a MiCA-compliant stablecoin, supporting EU users and institutional partners.

Proposed Changes:

Transaction Limits

• Daily deposit limit: $25,000

• Daily withdrawal limit: $100,000

• Limits apply uniformly across all users in the V1 DAO zone; dynamic tiering of limits will be explored in future DAO proposals with the introduction of Multi-Zone architecture.

Token Whitelisting

• Requesting the Panther Foundation to add USDC to the Tokens Whitelist and to produce any necessary code updates for this inclusion in V1.

• The current Tokens Whitelist includes: $POL, $ZKP, $LINK, $UNI, $AAVE, $GRT, $QUICK (on Polygon mainnet).

Discussion Points:

• Regulatory Alignment: These limits correspond with thresholds widely adopted by major centralized exchanges and payment providers. The $25,000 figure is a pragmatic compromise balancing AML risk and user onboarding friction.

• Compliance Infrastructure: Panther’s layered compliance approach (KYC, PEP screening, liveness verification, active KYT monitoring, and user deanonymization) supports these limits by significantly reducing regulatory and illicit finance risks.

• Community and Ecosystem Growth: Higher withdrawal limits enable liquidity and active participation while maintaining safeguards through monitoring and escalation procedures.

• Token Support: USDC, as a widely adopted, MiCA-compliant e-money token, enhances the DAO Zone’s interoperability and attractiveness to EU and institutional users.

Next Steps

• Community members are encouraged to share their thoughts and suggestions in this thread.

• Feedback will be reviewed to refine the proposal before it is formalized for a DAO vote.

[ToXiC_eHC]

@Praetorian thank you for this proposal, it looks good.

[Towel]

Is this proposal for KYC’ed individuals or anyone at any time?

[ToXiC_eHC]

Hello Towel.

V1 DAO Zone would only only accept people who have passed the PUREFI KYC/AML checks.

This would be in reference to my earlier announcement that we should do this here:

[Proposal] Launching a DAO-Operated Zone — With KYC, Compliance, and Community Safety in Mind

Hi everyone, As many of you know, I’ve been discussing this initiative with several members in private over the past weeks. It’s time we bring this conversation to the wider forum: I’d like to formally propose that we move forward with launching a DAO-operated zone. The key motivations behind this are simple: Give the DAO direct control over a space we can shape according to our values. Ensure it’s compliant — this includes implementing KYC (with reason…

[Gretzky99]

Would these limits adjust in the future? If ZKP increases in value (1 or 2 dollars or more), would these limits align with the potential value increase of the network?

[Praetorian]

These limits are independent of the value of $ZKP and are more akin to deposit limits you’d find on a regulated centralized exchange. They are designed primarily around risk management and compliance considerations rather than the token price

That said, the limits can be adjusted in the future but any changes must be carefully balanced against the current KYC and AML parameters

The DAO could also run another Zone with enhanced KYC and due diligence requirements, which would allow for higher transaction limits justified by stronger compliance controls

[Praetorian]

Amendment: Addition of wETH and wBTC to Token Whitelist

Following community feedback, this proposal is amended to also request the addition of wrapped ETH (wETH) and wrapped BTC (wBTC) to the Tokens Whitelist for the V1 DAO Zone.

Including wETH and wBTC alongside USDC will:

• Enhance token diversity and user options within the protocol.
• Support broader liquidity and interoperability aligned with Panther’s privacy and compliance framework.
• Remain consistent with Panther’s regulatory-forward approach, as these are widely accepted and established wrapped tokens in the DeFi ecosystem.

The Panther Foundation is also requested to implement any necessary code updates to support the inclusion of wETH and wBTC in V1.

[ToXiC_eHC]

@Praetorian

Including wETH and wBTC alongside USDC will:

• Enhance token diversity and user options within the protocol.
• Support broader liquidity and interoperability aligned with Panther’s privacy and compliance framework.
• Remain consistent with Panther’s regulatory-forward approach, as these are widely accepted and established wrapped tokens in the DeFi ecosystem.

The Panther Foundation is also requested to implement any necessary code updates to support the inclusion of wETH and wBTC in V1.

Very good suggestion I see its a popular choice

[ToXiC_eHC]

[ToXiC_eHC]

Published on SNAPSHOT for voting:

PIP-27 Limits & Token whitelist for V1