Asset Eligibility

To reduce the risk of scam tokens, the registry checks both assets of a new bench (the asset for sale and the purchase asset) against on-chain asset labels before creating it. ALGO is always allowed.

Labels are read from an ABEL asset labeling contract (abel_app_id in the registry). The registry keeps two lists of labels:

  • Allowlist (allowlist_labels): an asset must carry at least one of these labels. An empty allowlist disables this check.
  • Banlist (banlist_labels): an asset carrying any of these labels is rejected, regardless of the allowlist.

Current mainnet configuration:

ListLabelMeaning
AllowlistpvPera Verified
AllowlistmfMyth Finance allowlist
BanlistmbMyth Finance banlist

In other words, on mainnet a bench can be created for ALGO and any Pera Verified ASA (or one explicitly allowlisted by Myth Finance), unless it has been banned.

The create form on myth.finance only offers eligible assets from your wallet; ineligible assets are listed but disabled.

The registry admin can change the label lists and the labeling contract at any time (see Roles). Eligibility is only checked at creation: existing benches are unaffected by later changes.

If you would like your asset allowlisted, contact us.