Legal · Season 1
Campaign Terms and Conditions
These Campaign Terms and Conditions (“Campaign Terms”) govern participation in Frontier Traders Season 1 (the “Campaign”), offered by the Solana Foundation (the “Sponsor”) as part of its Frontier Traders program (the “Program”, via https://frontiertraders.com).
The Campaign runs from 22 September 2026, 12:00 UTC to 11 November 2026, 12:00 UTC (the “Campaign Period”), concluding with the Grand Final in London on 14 November 2026.
Last updated 22 September 2026
1 Acceptance and Relationship to Program Terms
1.1 These Campaign Terms supplement, and are to be read together with, the Frontier Traders Terms of Service (the “Program Terms”) and the general Solana website terms of service at https://solana.com/tos, both of which are incorporated herein. Capitalised terms not defined here have the meanings given in the Program Terms.
1.2 By accessing the Campaign page, registering for, or participating in the Campaign, you confirm that you have read, understood, and agree to be bound by these Campaign Terms, the Program Terms, and the Trading Code of Conduct set out in the Program Terms. If you do not agree, do not participate.
1.3 In the event of a conflict, the order of precedence is: (i) rules published on an individual campaign page, for that campaign only; (ii) these Campaign Terms; (iii) the Program Terms.
2 Eligibility
2.1 Participants must be at least 18 years of age (or the age of legal majority in their jurisdiction, if higher).
2.2 Participation is restricted to one account per person. Sub-accounts, secondary accounts, and accounts operated on behalf of another person are not eligible, and their activity will not be counted toward any participant’s results.
2.3 Participants may be required to complete identity verification (KYC) before receiving any reward. Failure to complete verification within 30 days of notification will result in forfeiture of the reward.
2.4 Participants who complete KYC with identification from any of the jurisdictions listed under “Eligibility Restrictions” in the Program Terms will be unable to claim rewards from the Campaign. Eligibility is determined by reference to verification information, and the Sponsor may require proof of residency or further information, attestations, or evidence of compliance at any time as a condition of continued eligibility.
2.5 Employees, contractors, and immediate family members of the Sponsor, its affiliates, and Campaign partners are not eligible to receive rewards.
3 Campaign Structure
3.1 Season 1 includes the following reward mechanics, each governed by the rules published on the relevant Campaign page:
- Global LeaderboardWeekly and season-long prize pools for PnL and trading volume.
- Reward CratesRewards unlocked at trading volume milestones across the season.
- Weekly Trading CampaignsCampaigns hosted by Frontier Traders featuring specific assets and venues, with participating volume counting toward the Global Leaderboard and Crate milestones.
- Live Events and Grand FinalOffline events held during the season, culminating in the Grand Final in London on 14 November 2026, where eight finalists, qualified per the criteria on the Campaign page, compete for the title of Frontier World Champion and the Grand Prize.
3.2 Other reward mechanics may be added at any point during the Campaign Period, at the Sponsor’s discretion, and will be governed by these Campaign Terms together with any rules published for that mechanic.
3.3 Where these Campaign Terms conflict with rules published on an individual Campaign page, the individual Campaign page rules prevail for that campaign.
4 Eligible Trading Volume
4.1 Eligible trading volume is limited to perpetual futures trading on Phoenix and Solflare, across all available assets on those venues, measured from the time the participant registers for the Campaign.
4.2 Trades executed through practices that, in the Sponsor’s sole opinion, breach the Trading Code of Conduct in the Program Terms or otherwise constitute bad trading practices — including but not limited to wash trading, self-trading, fictitious or non-bona fide trading, uneconomic trading lacking a legitimate economic purpose, spoofing, layering or other deceptive order placement or cancellation, laundering trades, artificial volume inflation, or trades displaying any attributes of market manipulation (“Disqualified Trades”) — will not be counted toward a participant’s volume, PnL, leaderboard position, or Crate milestones.
4.3 The Sponsor’s determination of eligible volume, rankings, and results is final and binding.
4.4 The Sponsor does not independently endorse, recommend, or approve any onchain trading protocol or venue, notwithstanding that a protocol or venue is referenced or included in the Campaign. Participants are solely responsible for their own due diligence, as set out in the Program Terms, and assume all risks associated with their trading activity.
5 Grand Prize
5.1 The Season 1 Grand Prize is awarded, at the winner’s election, as either: (a) US$250,000 (two hundred and fifty thousand US dollars), payable in a US dollar-denominated stablecoin selected at the Sponsor’s sole discretion, on the Solana network, to a wallet address nominated by the winner (the “Cash Prize”); or (b) one Porsche 911 GT3 RS, as described in Section 6 (the “Vehicle Prize”).
5.2 The winner must notify the Sponsor of their election in writing within 14 days of prize notification following completion of verification. If no valid election is received within that period, the winner will be deemed to have elected the Cash Prize.
5.3 The election is final and irrevocable once made. The Grand Prize is awarded as one prize only: no combination of the Cash Prize and the Vehicle Prize, no partial election, and no cash payment of any difference in value between them is offered or implied.
5.4 Where the Cash Prize is elected or deemed elected, the stablecoin amount will be calculated by reference to a US$1.00 peg, or where the selected stablecoin trades away from peg, at a market rate sourced by the Sponsor at or near the time of distribution using a commercially reasonable method.
6 Vehicle Prize
6.1 The Vehicle Prize is one new Porsche 911 GT3 RS, with model year, specification, and colourway determined by the Sponsor, of a value approximately equal to the Cash Prize. The Sponsor makes no representation that any particular specification will be available.
6.2 The Vehicle Prize is subject to manufacturer and dealer availability and allocation. Delivery timelines are outside the Sponsor’s control and may extend to 6 months from election. The Sponsor will keep the winner reasonably informed of expected timing.
6.3 The Sponsor will arrange delivery to one location nominated by the winner to which the Sponsor can lawfully and practicably deliver the vehicle. The winner is solely responsible for all costs and obligations arising in connection with or following delivery, including registration, licensing, import duties, customs clearance, taxes, insurance, and compliance with the laws of the winner’s jurisdiction.
6.4 If, despite commercially reasonable efforts, the Sponsor determines that it cannot lawfully or practicably source or deliver the Vehicle Prize, including where delivery to the winner’s jurisdiction is prohibited, restricted, or impracticable, or where no allocation can be secured within a reasonable period, the winner will receive the Cash Prize in full instead. In no circumstance will the winner receive less than the Cash Prize.
6.5 The Vehicle Prize is supplied with the manufacturer’s standard warranty only. The Sponsor gives no warranty or representation regarding the vehicle and accepts no liability in respect of it following delivery.
6.6 Dr. Ing. h.c. F. Porsche AG is not a sponsor of, affiliated with, or endorsing this Campaign in any way. All trademarks, trade names, and vehicle designs referenced are the property of their respective owners.
7 Reward Distribution
7.1 All rewards are subject to a post-Campaign review, including verification of eligibility, KYC status, and trading conduct. Rewards will be distributed within 30 days of the conclusion of the relevant Campaign period or review, whichever is later. The Vehicle Prize, where elected, is delivered in accordance with Section 6 rather than within the 30-day distribution window.
7.2 Rewards other than the Grand Prize will be paid in a US dollar-denominated stablecoin selected at the Sponsor’s sole discretion, on the Solana network, unless otherwise stated on the relevant Campaign page.
7.3 Recipients must nominate a valid Solana wallet address within 30 days of notification. The Sponsor is not responsible for losses arising from incorrectly supplied wallet addresses. Rewards not claimed within 30 days of notification are forfeited.
8 Taxes and Expenses
8.1 All applicable taxes, duties, fees, and additional expenses arising from the acceptance, receipt, or use of any reward — including any costs associated with converting, transferring, or holding stablecoins — are the sole responsibility of the reward recipient. The Sponsor may require tax documentation before releasing a reward and may withhold amounts where required by law.
8.2 Electing the Vehicle Prize may give rise to tax, duty, registration, and insurance obligations in the winner’s jurisdiction that would not arise from the Cash Prize. These obligations are the winner’s sole responsibility, and the winner is encouraged to take independent advice before making an election.
9 Fair Play and Prohibited Conduct
9.1 All participants must comply with the Trading Code of Conduct set out in the Program Terms. In addition, during the Campaign Period the Sponsor will monitor activity to identify cheating or abnormal behaviour specific to the Campaign, including but not limited to:
- registering multiple accounts;
- using another person’s account or identity;
- submitting false KYC information;
- colluding with other participants to manipulate rankings;
- exploiting bugs or technical vulnerabilities;
- violating these Campaign Terms; or
- violating applicable laws or regulations.
9.2 Where any such conduct is identified, the Sponsor reserves the right to exclude the relevant volume from calculations, disqualify the participant, withhold or claw back rewards, and suspend or terminate the participant’s account.
9.3 Notwithstanding anything to the contrary in these Terms, the Sponsor reserves the right to exclude any participant from the Campaign at its discretion.
10 No Financial Advice; Risk Disclosure
This Campaign is not (i) investment advice or an investment recommendation; (ii) an offer or solicitation to buy or sell digital assets; or (iii) financial, accounting, legal, or tax advice. Trading digital assets, including perpetual futures, involves a high degree of risk and can result in the loss of your entire position. You should carefully consider whether trading digital assets is suitable for you in light of your financial condition and risk tolerance, and consult your own legal, tax, or investment professional. Historical returns are not indicative of future results. The Sponsor is not responsible for any trading losses incurred during the Campaign. Participation in the Campaign is not required to use any trading venue, and nothing in the Campaign should be understood as an endorsement of any particular trading strategy.
11 Amendments and Termination
Consistent with the Reservation of Rights in the Program Terms, the Sponsor reserves the right, in its sole and absolute discretion, to amend the rules of the Campaign at any time — including cancelling, suspending, extending, or terminating the Campaign, modifying eligibility conditions, and adjusting reward structures — and to limit, restrict, suspend, or prohibit any participant’s participation or receipt of rewards, with or without notice. Such decisions are final and binding, and all participants are bound by the revised Campaign Terms. Where practicable, the Sponsor will endeavour to provide notice of material changes before they take effect.
12 Limitation of Liability
To the maximum extent permitted by applicable law, the Sponsor’s aggregate liability to any participant in connection with the Campaign is limited to the value of the reward (if any) to which that participant is entitled. The Sponsor is not liable for losses arising from network congestion or failure, smart contract or protocol failures on third-party venues, wallet errors, or events beyond its reasonable control.
13 Publicity
By accepting a reward, the winner consents to the Sponsor’s use of their username, handle, likeness, and country of residence in Campaign-related announcements and marketing, without additional compensation, except where prohibited by law.
14 General
14.1 The Sponsor is not responsible for technical, typographical, or editorial errors or omissions in Campaign materials.
14.2 The Sponsor reserves the right of final interpretation of the Campaign and these Campaign Terms. Questions may be directed to [email protected].
14.3 Where any discrepancy arises between translated versions of these Campaign Terms and the English version, the English version prevails.
Questions about these terms
Contact [email protected], or see the Frontier Traders Terms of Service for the Program-wide rules that these Campaign Terms sit under.