1. Program Overview
The Season One Vault is a community rewards program operated by Bitso Onchain. By participating in trading activities on the platform, users contribute to a community vault that funds milestone prizes and community initiatives.
This program is designed to reward active community members and foster engagement within the Bitso Onchain ecosystem.
2. Eligibility Requirements
To participate in the Season One Vault program, users must:
- Have a verified Bitso Onchain account in good standing
- Be located in an eligible jurisdiction where the program is available
- Meet minimum age requirements as defined by local regulations
- Agree to these Terms & Conditions
3. How Contributions Work
Vault contributions are calculated based on user activity:
- Swaps: Tiered contributions based on trade volume ($0.25 - $5.00 per trade)
- Deposits: Tiered contributions based on deposit amount ($1.00 - $5.00 per deposit)
- Cross-chain transfers: Flat rate per bridge transaction
- Social engagement: Contributions for verified social media participation
Contributions are aggregated in real-time and displayed on the vault page.
4. Milestone Prizes & Distribution
When community volume milestones are reached, prizes are distributed as follows:
- Top 50 contributors at each milestone share a prize pool
- Distribution is based on total contribution during the milestone period
- Prizes are distributed in USDC or equivalent cryptocurrency
- Prize distribution timelines will be announced via official channels
5. Anti-Gaming Policy
To ensure fair participation, the following activities are prohibited:
- Wash trading or self-trading to inflate contribution metrics
- Use of multiple accounts to game the system
- Automated trading specifically designed to maximize contributions without genuine trading intent
- Any form of manipulation or fraudulent activity
Bitso reserves the right to disqualify participants and withhold prizes for violations.
6. Disclaimers & Limitations
- The program is provided "as is" without warranties of any kind
- Bitso is not responsible for trading losses incurred while participating
- Prize values and availability are subject to change
- Technical issues may affect contribution tracking or prize distribution
- Participation does not constitute investment advice
7. Privacy & Data
Your participation in the program involves collection and processing of certain data:
- Trading activity and transaction history
- Wallet addresses and account identifiers
- Social media handles for social contribution tracking
Data handling is governed by Bitso's Privacy Policy. Leaderboard displays show anonymized identifiers.
8. Changes to Terms
Bitso reserves the right to modify these terms at any time. Changes will be communicated through:
- Updates on this page with a new "Last Updated" date
- Announcements on official Discord and social channels
- In-app notifications where applicable
Continued participation after changes constitutes acceptance of updated terms.
9. Contact Information
For questions about the Season One Vault program or these terms: