What this is
The product is flagged with a region exclusion list or a KYC tier requirement above the default. Pennyworth does not model per-user eligibility; confirmation of access happens at the exchange’s checkout step. Excluded regions and KYC tiers are typically listed in the terms page or in a compliance notice, not on the product front page itself.
What it means for you
A user in a restricted jurisdiction or below the required KYC tier cannot subscribe; the headline APR is therefore not a yield available to them. Pennyworth reports only the existence of the restriction; the binding eligibility check is the exchange’s checkout response. Confirm jurisdiction and KYC eligibility against the product’s terms before treating a high-APR product as part of a planned allocation.
In practice
A CEX stablecoin product listed on the catalog at 8% APR, with the terms page enumerating an exclusion list (US, CN, certain EU jurisdictions under regulatory restriction) and requiring an advanced KYC tier. Users in excluded jurisdictions or below the required tier receive a "region not supported" or "tier not met" response when subscribing.