Ensuring ethical standards

NAVI aims to take an adaptive and decentralized approach to upholding ethical standards on the platform. Rather than a centralized team making unilateral decisions, we will empower the community to self-govern protections against illicit activity.

The NAVI Decentralized Autonomous Organization (DAO) will nominate and elect a rotating committee of node operators to monitor the platform for risks.

This committee will be responsible for maintaining a shared blacklist of prohibited wallets. To submit evidence, users and outside entities can flag concerning activity through established proposal channels in the DAO.

The committee reviews submissions, conducts further investigation if needed, and decides on appropriate actions.

To incentivize diligent risk monitoring, the elected committee members will receive compensation in NAVI tokens for their efforts based on metrics like proposals reviewed, investigations done, and accounts blacklisted.

The DAO can tune the parameters around committee incentives, term limits, and voting thresholds required for blacklisting.

This governance by token holders keeps the process decentralized and aligned with community values.

With this crowd-sourced, decentralized approach to platform oversight, NAVI can adapt to emerging threats without centralized points of failure. The solutions will evolve according to the collective wisdom of the community.

NAVI will also implement stringent controls identifying illicit transactions and preventing abuse. Integrated third-party tools will provide real-time threat detection capabilities and allow NAVI to prevent dirty funds from entering our ecosystem - upholding selective transparency's promise without compromising accountability. Additionally, NAVI will use Zero-knowledge KYC to verify user identity without revealing personal details, upholding privacy. All these capabilities protect users while still enabling them to disclose selectively.