> For the complete documentation index, see [llms.txt](https://docs.more.markets/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.more.markets/more-vaults/governance/whitelists.md).

# Whitelists

A whitelist lets a Vault Owner or Curator apply individual supply caps to selected wallet addresses. Once a whitelist is enabled, every deposit is checked against the address list before shares are minted.

The feature is optional and starts disabled. If no whitelist is set the vault behaves as a fully public pool. 

During a deposit the vault totals the wallet’s current balance with the new amount. If that sum would exceed the wallet’s cap, the transaction is reverted. A missing entry simply means the address cannot deposit at all.

Depositors who have been removed from a whitelist will no longer be able to supply to a vault, but they can still withdraw their assets.

Whitelists are most useful in controlled settings like private or test‑phase vaults, regulated pools that accept only KYC‑approved addresses, or strategies that need to cap large whales so smaller LPs are not crowded out.

If the whitelist outlives its usefulness, the owner can deactivate it, and the vault will reopen to the public.


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