# HotKeyHasCollateral (/docs/errors/chain/HotKeyHasCollateral)

This hotkey still has standing miner registration collateral and does not hold validator permit on that subnet (or on a subnet involved in an all-subnet swap). Hotkey swap is blocked for bonded miners so a cheap swap cannot move the UID and bond to a fresh key and defeat validator blacklists. Keys with validator permit may still swap. Drain the bond through earned incentive, or obtain permit, before swapping.

Declared by the `SubtensorModule` pallet; it classifies to the semantic code [`policy_violation`](/docs/errors/policy-violation).

Declared at [`pallets/subtensor/src/macros/errors.rs#L219`](/code/pallets/subtensor/src/macros/errors.rs#L219).

## Remediation [#remediation]

The action exceeds a configured safety policy

The same explanation is available in the terminal: `btcli explain HotKeyHasCollateral`.