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cise of any right or remedy shall not preclude any other or further exercise thereof or the exercise of any other right or remedy.
29.4 Assignment
You may not assign, novate or transfer any rights, interests, liabilities and/or obligations under these Terms without the prior written consent of Solstice Foundation. However, you hereby acknowledge and agree that we shall have sole and absolute discretion to novate, transfer or assign these Terms or any of our rights, interests, liabilities and/or obligations at any time to anyone else, including in connection with any merger, acquisition, amalgamation or other corporate reorganisation involving Solstice Foundation.
29.5 Third Party Rights
A person who is not a party to these Terms has no rights (including rights under any Applicable Laws) to enforce or enjoy the benefit of any part of these Terms.
29.6 Language
These Terms may, at our sole and absolute discretion, be translated into a language other than the English language. You agree that any such translation shall only be for your convenience and the English text shall prevail in the event of any ambiguity, discrepancy, or omission as between the English text and any translated text.
29.7 Potential Conflicts of Interest
You acknowledge and agree that we and our affiliates, shareholders, founders, principals, directors, officers, employees, and representatives or their respective affiliates (collectively, "Related Persons") may directly or indirectly use the Services or engage in transactions involving the Solstice tokens for ourselves and themselves. You acknowledge and agree that we and Related Persons may have potential conflicts of interest. To the extent permitted by law, you hereby waive any claim against us or Related Parties alleging breach of fiduciary duties, conflict of interest, or other similar cause of action, relating to, in connection with, or arising out of our and/or any Related Parties directly or indirectly using the Services or engaging in transactions involving the Solstice tokens.
29.8 Governing Law and Jurisdiction
These Terms shall be governed by and construed in accordance with the laws of the British Virgin Islands, without regard to its conflict of laws principles.
Risk Disclosure Statement
Risk Disclosures
Solstice Foundation ("Solstice Foundation", "we", "our" or "us") is not currently licensed by any regulatory authority.
This Risk Disclosure Statement outlines various risks related to the risks associated with Solstice tokens and Solstice Foundation's Services. However, it does not cover all potential risks or considerations. You are responsible for understanding the risks before engaging with our Services. Solstice Foundation and its affiliates (the "Indemnified Persons") will not be liable for any direct, indirect, special, or consequential damages, including loss of profits, business, or opportunities, arising from your reliance on this Risk Disclosure Statement or use of our Services.
Unless otherwise defined herein, all capitalised terms in this Risk Disclosure Statement shall have the same meanings given to them in the USX and eUSX Terms and Conditions.
Legal and Regulatory Risks
The regulatory landscape for digital assets, including stablecoins, is evolving and uncertain. New laws and regulations may be enacted that could impact blockchain technology, digital assets, and related services. There is no assurance that such changes will not negatively affect our Services.
Solstice tokens may be classified as regulated financial instruments in certain jurisdictions, potentially requiring licensing or registration. Regulatory actions could force Solstice Foundation to restrict, suspend, or cease the minting, issuance, or redemption of Solstice tokens. Access to our Services may also be limited based on your location or citizenship to comply with regulations.
Solstice tokens are not legal tender and are not backed by any government or central bank. They do not benefit from government-sponsored insurance or protections. No authority manages their value during crises or adjusts their supply or demand.
Solstice Foundation reserves the right to suspend services or reject instructions as necessary to comply with Applicable Laws or directives from authorities.
Digital Asset Security Risks
Digital assets, including Solstice tokens, are vulnerable to security breaches or attacks, such as those exploiting computing power to disrupt blockchain operations. Solstice Foundation provides no guarantees regarding blockchain functionality or protection against such breaches. You accept the risk of losses arising from security issues related to digital assets.
Depeg Risk
Solstice tokens may experience depegging where their values deviate from their pegged value. This risk may stem from various factors such as market fluctuations, liquidity issues, regulatory constraints, erosion of market trust, financial events, operational difficulties, and technical problems like security breaches or network congestion.
Under no circumstances shall any of the Indemnified Persons be responsible or liable to you or any other person or entity for any Losses by reason of, or arising from, or as a consequence of, any risks associated with the depegging of Solstice tokens.
Cybersecurity Risks
Using online platforms involves risks like hardware/software failures, internet issues, malware, and cyberattacks. Unauthorized access to your assets or information is possible.
You acknowledge and accept that Solstice Foundation does not control internet functionality or the reliability of your devices and will not be liable for communication errors, disruptions, or delays caused by such issues.
Platform's Operational Risks
Technical issues may restrict your access to the Platform. Hardware or software failures, connectivity problems, or transmission errors may prevent you from submitting instructions or transactions. Communications with Solstice Foundation may also be lost, altered, or delayed.
Scheduled maintenance may temporarily suspend platform availability, potentially delaying your transactions.
Unauthorised Instructions and Erroneous Transmission
Unauthorized access to your Account could result in third parties issuing instructions without your consent. Solstice Foundation is not responsible for losses caused by unauthorized access.
If Solstice tokens are sent to an incorrect or incompatible address, they may be irretrievably lost. Solstice Foundation does not guarantee recovery and is not obligated to assist with recovery efforts. If Solstice Foundation agrees to assist, it does so at its sole discretion and may charge additional fees. You will be responsible for all costs and liabilities incurred during recovery attempts, and you agree to indemnify Solstice Foundation and its affiliates for any losses arising from such efforts.
Third-Party Risk
Solstice Foundation has no control over, and assumes no responsibility for, Solstice tokens you receive from or transfer to third parties or for third-party services. Disputes or issues with third parties must be resolved directly with them.
Error Correction
Solstice Foundation reserves the right to refuse minting, redemption, or issuance of Solstice tokens or to reject instructions even after confirmation to address errors, including technical issues.
Jurisdiction Risk
Certain jurisdictions may prohibit the use of Solstice Foundation's Services. Changes in your tax residency, domicile, or Applicable Laws may lead to violations of regulatory or legal requirements. You are solely responsible for ensuring your compliance with all Applicable Laws when using our Services.
Tax Risk
Holding, issuing, or redeeming Solstice tokens may result in tax obligations. You are responsible for consulting a tax advisor and ensuring compliance with all tax-related requirements.
Risks Related to Communications with Solstice Foundation
Information or explanations provided by Solstice Foundation about our Services are for informational purposes only and do not constitute investment, financial, or legal advice. You are solely responsible for making decisions based on your own judgment and independent advice. Any reliance on information provided by Solstice Foundation is at your own risk.
Risks Related to Communication Services
While Solstice Foundation may verify the identity of individuals communicating with us, it is not obligated to do so. Losses may occur due to fraudulent, forged, or erroneous instructions, miscommunications, or transmission errors.
Third-Party Documents and Materials
Solstice Foundation may provide materials, documents, or information from third parties. These are for informational purposes only and do not constitute investment or financial advice. Solstice Foundation does not guarantee their accuracy or completeness and assumes no liability for their content.
Miscellaneous
The Risk Disclosure Statement is not exhaustive. Additional risks may exist that are not identified here. Solstice Foundation and the Indemnified Persons are not liable for unforeseen risks or damages linked to Solstice tokens or the Services.
The information provided in this Risk Disclosure Statement does not substitute professional advice or constitute a recommendation to engage with Solstice tokens. It is neither an offer nor solicitation for investment.
By proceeding to utilize our Services, you hereby acknowledge and confirm that you and/or your representatives (i) have carefully read the above Risk Disclosure Statement; (ii) have fully analysed, understood and appreciated the risks associated with transacting in or otherwise engaging in our Services, Solstice tokens, and any other products or services offered by Solstice Foundation; (iii) have sought and obtained all professional advice (including tax, legal, financial, investment, accounting and other professional advice) as may be relevant and/or necessary; and (iv) are authorised and permitted, under all Applicable Laws, to enter into such transactions.
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Privacy Policy
## /legal-documents/privacy-policy
Privacy Policy
Effective Date: 10 July 2025
Solstice Foundation ("Solstice", "we", "us", or "our") respects your privacy and is committed to protecting the personal information you may share when accessing our website or decentralized application (collectively, the "Site" or "dApp"). This Privacy Policy explains how we collect, use, and disclose your information when you use the Solstice Foundation website, which serves as the access point to the Solstice decentralized protocol.
Please read this Privacy Policy carefully. By using the Site or the dApp, you agree to the terms described herein.
1. Information We Collect
We strive to minimize data collection and do not require you to provide personal information to use the Solstice dApp. However, we may collect or receive the following categories of information:
a. Wallet Information
When you connect a digital wallet (e.g., Phantom, MetaMask), we collect your public wallet address to enable core functionality, such as minting $USX, locking assets for $eUSX, claiming $SLX, or participating in governance.
b. Protocol Interaction Data
We may collect on-chain data and usage metrics related to your interaction with the dApp, including:
Transaction hashes
Smart contract interactions (e.g., mint, lock, claim, vote)
Token balances
Timestamp of interactions
c. Site Usage & Analytics
We may use privacy-respecting analytics tools (e.g., Plausible, Umami, or self-hosted solutions) to collect:
Browser type and device information
IP address (ephemeral and anonymized where possible)
Referral source and pages visited
This data helps us understand traffic patterns and improve user experience but is not linked to your wallet address unless explicitly disclosed.
d. Communication Data
If you contact us (e.g., via email or feedback form), we may collect your email address and message content for the purpose of responding to inquiries or providing support.
2. How We Use Information
We use the information we collect for the following purposes:
To enable and support dApp functionality (minting, staking, governance, claiming)
To monitor system performance and prevent abuse or fraud
To improve and enhance the Site and protocol UX
To respond to user inquiries or requests
To comply with applicable laws or enforce our terms and policies
We do not sell or rent your personal information to third parties.
3. Cookies & Tracking Technologies
We strive to avoid invasive tracking. However, the Site may use cookies or local storage to:
Remember your wallet connection
Store UI preferences or session data
Facilitate analytics (in an anonymized, privacy-conscious manner)
You can disable cookies in your browser settings, but some features of the Site may not function properly as a result.
4. Disclosure to Third Parties
We may share information with third parties in the following circumstances:
Service Providers:
To host the Site, manage analytics, or support operations, subject to confidentiality agreements.
Legal Obligations:
If required to comply with applicable laws, regulations, or lawful government requests.
Protocol Partners:
In aggregated or anonymized form for performance monitoring, incentive distribution, or auditing.
We do not disclose your wallet address or usage data in an identifiable manner unless required by law or necessary to enforce our rights.
5. Data Storage and Retention
Solstice Foundation does not operate centralized user accounts or custodial services. Most user data resides on-chain and is accessible publicly via the Solana blockchain.
We retain off-chain data (e.g., analytics or communications) only as long as necessary for legitimate operational, legal, or security purposes.
6. Security
We implement reasonable administrative and technical safeguards to protect user data within our control. However, blockchain-based systems have inherent risks, and we cannot guarantee the absolute security of your wallet, data, or interactions.
You are responsible for safeguarding your wallet, keys, and dApp permissions. Always verify you are interacting with the correct Site domain and avoid phishing attempts.
7. Third-Party Links and Services
The Site may contain links or integrations with third-party services (e.g., wallets, explorers, analytics platforms). These services are governed by their own privacy policies, and we are not responsible for their data handling practices.
8. Cross-Border Data Transfers
Solstice Foundation is based in the Cayman Islands and uses infrastructure located in various jurisdictions. By using the Site, you consent to the transfer of your information to servers and entities located outside your country of residence.
9. Children's Privacy
The Site is intended for users 18 years and older. We do not knowingly collect personal information from individuals under the age of 18. If we become aware that a minor has provided us with personal data, we will delete it promptly.
10. Changes to This Policy
We may update this Privacy Policy periodically. Material changes will be posted on the Site with a revised effective date. Your continued use of the Site after such changes constitutes acceptance of the updated policy.
11. Contact
If you have questions about this Privacy Policy or how we handle your data, please contact:
Solstice Foundation
[email protected]
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Legal Disclaimers
## /legal-documents/legal-disclaimers
Legal Disclaimers
Performance and Forward-Looking Statements
Historical performance data does not guarantee future results or indicate expected return ranges. All projections and forward-looking statements involve substantial uncertainties and risks.
Actual results may differ materially from expectations due to market conditions, operational factors, or unforeseen circumstances. No guarantees exist regarding performance, principal protection, or return generation.
Service Limitations and Liability
Services are provided without warranties regarding availability, accuracy, or suitability. Liability is limited to the maximum extent permitted by applicable law.
Users bear responsibility for their investment decisions, due diligence, and compliance with applicable regulations. This disclosure does not constitute investment, legal, or tax advice.
Regulatory Compliance and Professional Advice
Users must ensure compliance with all applicable laws and regulations in their jurisdiction. Regulatory requirements vary by location and may restrict or prohibit participation.
Professional consultation regarding legal, tax, and regulatory implications is recommended. Independent analysis and verification of all information is essential for informed decision-making.
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Executive Team
## /team-and-partners/executive-team
Executive Team
Solstice combines institutional-grade expertise with systematic execution excellence through a comprehensive team of traditional finance veterans. This foundation enables the delivery of professional-standard delta-neutral strategies with the transparency and accessibility that institutional and retail users require.
The team's collective experience across leading financial institutions including Galaxy Digital, BlackRock, BlueCrest Capital, and Morgan Stanley provides the operational expertise necessary for managing systematic yield strategies at institutional scale. Strategic partnerships across DeFi protocols, infrastructure providers, and regulatory frameworks create the comprehensive ecosystem required for professional execution.
Ben Nadareski - Co-Founder and CEO
Ben brings over a decade of cryptocurrency industry experience combined with traditional finance expertise to lead Solstice's institutional strategy and regulatory positioning. His career spans leading cryptocurrency institutions and traditional financial services, providing the comprehensive background necessary for bridging institutional capital with DeFi innovation.
Professional Background:
Galaxy Digital: Enterprise strategy and institutional product development
SOX (Six Digital Exchange): Digital asset exchange operations and regulatory compliance
R3: Blockchain consortium and enterprise adoption
Wharton School: Executive education and strategic management
Société Générale: Traditional banking and financial services
Consensys: Ethereum ecosystem development and enterprise solutions
Ben's cryptocurrency involvement dates to 2013, providing deep understanding of market evolution and institutional adoption patterns. His experience across both startup environments and established financial institutions enables Solstice to navigate regulatory requirements while maintaining innovation pace. The combination of traditional finance credibility with extensive crypto-native experience positions him to execute Solstice's institutional strategy effectively.
LinkedIn:
https://www.linkedin.com/in/ben-nadirski/
Tim Grant - Co-Founder and Chairman, CEO of Deus X Capital
Tim's leadership of Deus X Capital provides Solstice with access to institutional-scale operations and strategic oversight through one of the leading digital asset investment firms. His background spans traditional finance and digital asset infrastructure development, creating the institutional foundation that supports Solstice's operational scale.
Professional Background:
Galaxy Digital: Digital asset investment and institutional services
SIX Digital Exchange: Regulated digital asset exchange infrastructure
R3: Distributed ledger technology and enterprise blockchain solutions
UBS: Investment banking and institutional client services
Consensys: Ethereum ecosystem and enterprise blockchain adoption
Tim's role as CEO of Deus X Capital brings institutional investment management expertise and regulatory compliance experience to Solstice oper프로젝트로 돌아가기