In order to allow for gas-less transactions we have implemented a variation of EIP-865. The list of frozen addresses is available To allow the appropriate authorities to seize the backing assets.įreezing is something that Paxos will not do on its own accord,Īnd as such we expect to happen extremely rarely. It can also wipe the balance of an address after it is frozen The assetProtectionRole can freeze and unfreeze the BUSD balance of any address on chain. The simple model for pausing transfers following OpenZeppelin'sĪs required by our regulators, we have introduced a role for asset protection to freeze or seize the assets of a criminal party when required to do so by law, including by court order or other legal process. The ability to pause is controlled by a single owner role, In the event of a critical security threat, Paxos has the ability to pause transfersĪnd approvals of the BUSD token.
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