Compliance Architecture

• Onboarding. KYC/AML & sanctions screening; entity/individual checks; wallet allow-listing.

• Transfer controls. ERC-1404/3643-style restrictions: Reg D (US accredited) and Reg S (non-US) flags, time-based locks as needed.

• Geofencing. UI/API access conditioned by jurisdiction & investor status.

• Issuer structures (paths).

  A. Synthetic pool (default): cash-settled exposure around Reference NAV.

  B. Tokenized fund units (advanced): HK LPF or SG VCC feeder owning underlying interests; quarterly redemptions; higher ops overhead.

• Records/Audit. Immutable on-chain logs; off-chain KYC files; regulator-friendly exports.

Singular ID Framework

The unique governance structure of Singular Dollar (SD) sets it apart as a truly distinctive token in the world of decentralized finance. As a delta-neutral stablecoin with embedded yield, Singular Dollar is at the forefront of innovation, seeking to seamlessly integrate tokenized Treasury bills into our comprehensive DeFi ecosystem, encompassing LSDs (sETH), money markets (SDLend), and an automated market maker (SingularSwap).

What truly distinguishes the governance of Singular Dollar is its intrinsic fusion of utility and authority. By design, SD serves as both a utility token and a platform for user empowerment through governance capabilities. This distinctive feature grants users the power to shape the trajectory of the protocol's future, ensuring that the community has a direct say in its development.

The governance structure extends beyond the conventional "one-token-one-vote" mechanism that many platforms adopt. Singular Dollar introduces an innovative concept known as Singular ID (NFT), introducing the novel "One ID-One Vote" mechanism. This groundbreaking approach redefines governance by linking voting authority to unique Singular IDs associated with non-fungible tokens (NFTs).

Through the interplay of these two governance mechanisms, a synergistic and dynamic approach emerges. Users can participate in governance decisions using their SD holdings, exercising traditional voting power. Simultaneously, the integration of Singular IDs adds an entirely new layer of engagement. Every Singular ID-NFT pairing represents an individual voice in the governance process, effectively enabling a more granular and personalized mode of participation.

In summary, the governance of Singular Dollar (SD) is truly unique. By fusing utility with authority, incorporating both traditional and Singular ID-based voting mechanisms, Singular Dollar empowers its users to actively influence the development and direction of the protocol. This innovative approach redefines how decentralized finance platforms engage their communities, establishing Singular Dollar as a pioneering example of cutting-edge governance in the digital financial landscape.