Terms

1. Competition; automatic entry. Ferzan operates a weekly trading competition involving coins launched or traded through the Ferzan platform. Prizes, if any, are funded from the prize pool described in Section 4. Entry is automatic when you engage in qualifying activity on Ferzan, such as trading, sharing a referral link, or launching a coin. There is no entry fee and no registration. By participating, you agree to these Terms and any competition rules published by Ferzan.

2. Competition weeks. Each competition week begins at 4:00 p.m. U.S. Eastern Time on a Friday and ends at 4:00 p.m. U.S. Eastern Time on the following Friday. The first competition week begins at the FERZAN launch time. Any round before that time is a practice round and no prizes are paid for it.

3. Leaderboards and qualification. Each week Ferzan maintains four leaderboards. The top three eligible wallets on each may receive prizes, subject to these Terms.

For the Top Trader leaderboard, profit is calculated only for coins purchased during that competition week. Coins still held at the end of the week are valued at the latest price available to Ferzan. Sales of coins purchased before the week do not count. Ferzan determines valuation, attribution and eligibility from its platform records, using reasonable methods applied consistently.

4. Prize pool and allocation. The prize pool is a portion of Ferzan's own trading-fee revenue generated during the competition week. It is not fixed or guaranteed. Ferzan publishes the current prize pool, and the share of fees used for it, through its public API and will provide it on request. Ferzan may change the share for future competition weeks. A change does not apply to a week that has already begun. If no qualifying trading-fee revenue is generated, there is no prize pool and no prizes are paid for that week.

The prize pool is allocated as follows:

• Top Trader: 40%
• Callers: 25%
• Creators: 20%
• Volume: 15%

Within each leaderboard's allocation:

• First place: 60%
• Second place: 25%
• Third place: 15%

If a leaderboard has fewer than three qualifying participants, the portion for an unfilled place is not awarded and is not moved to another leaderboard or participant. A prize smaller than US$1 is not paid.

5. Winner review and payment. After a competition week ends, Ferzan determines the winners and prize amounts. A 24-hour review period follows. After the review, prizes are paid automatically and first-place winners are published on Ferzan’s official channels, shown by shortened wallet address and amount. Standings are always visible on the leaderboard.

Prizes are sent to the wallet that earned the prize, in the native coin of the winner's blockchain network. The amount you receive may differ from the announced U.S.-dollar value because of changes in token prices, network conditions, or the time of payment. Payments to TON wallets are sent manually and may take longer. You are responsible for network fees, taxes and any other costs of receiving or using a prize.

6. Prize limits. A single prize is paid automatically up to US$500, and total automatic prizes for one competition week are limited to US$2,000. If a prize would exceed a limit, Ferzan pays the amount up to the limit automatically and checks the remainder by hand. The remainder is paid in full unless Ferzan finds an error or a violation of these Terms, and Ferzan will announce the outcome. Ferzan may change these limits for future competition weeks. A change does not reduce a prize for a week that has already begun. The current limits are published at /terms#weekly-competition.

7. Review and disqualification. During the 24-hour review period, Ferzan may investigate suspected ineligibility, fraud, manipulation, technical errors, or violations of these Terms. Ferzan may disqualify a participant, remove a wallet from a leaderboard, correct a ranking, or withhold or cancel a prize if it reasonably determines, from the information available, that the participant engaged in any of the following:

• wash trading, or trading with their own or related wallets to distort results;
• self-referral, or referral arrangements meant to create artificial activity;
• coordinated or multiple-wallet activity meant to take more than one ranking or gain an unfair advantage;
• manipulation of prices, trading volume, referrals or leaderboard results;
• exploiting a bug, vulnerability or technical error;
• fraud, or providing false or misleading information; or
• other conduct that violates these Terms or applicable law.

Where practicable, Ferzan will tell the affected participant and give a brief explanation. A disqualified or cancelled prize is not awarded to another participant unless Ferzan decides otherwise in accordance with applicable law. Ferzan makes these decisions in good faith. Nothing in this section limits rights that cannot legally be waived.

8. Eligibility and legal compliance. You may participate only if you are at least 18 years old, or the age of majority where you live if higher, have legal capacity to agree to these Terms, and are legally permitted to participate where you live and where you access Ferzan. The competition is void where prohibited by law. You are responsible for determining whether your use of Ferzan and your participation are lawful where you are located. You may not participate if doing so would violate applicable law or sanctions. Ferzan may restrict participation, trading, token launches or prize payments in any jurisdiction where it determines that doing so is legally prohibited or presents material legal or regulatory risk. Nothing here states that Ferzan is available or lawful in every location.

Ferzan team members and their immediate family members are not eligible to receive prizes. Ferzan may ask for information reasonably needed to verify eligibility and may withhold a prize if eligibility cannot be verified.

9. Suspension, changes and ending. Ferzan may pause, change or end the competition, or pause prize payments, where reasonably necessary for security, legal compliance, fraud prevention, or to fix a technical or operational problem. Ferzan will give notice on its website or another reasonable channel when practicable. A competition week that has ended and whose winners and prizes have been announced will be honored, subject to the review, eligibility, disqualification and payment provisions of these Terms and applicable law.

10. Risk; no advice. Trading digital assets involves substantial risk, including the risk of losing everything you put in. Prices can be volatile, liquidity can be limited, and transactions can be irreversible. A leaderboard position or prize does not mean any coin is safe, suitable, or likely to rise in value. Competition information is not investment, financial, legal or tax advice. You are responsible for your own decisions.