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Fix λ prize text (#72)
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TERMS.md

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*Last updated: 2 March 2026*
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These Terms and Conditions ("Terms") are entered into by and between Logos Collective Association, Baarerstrasse 10, 6300 Zug, Switzerland ("Logos", "we", "us") and any individual or legal entity participating in the λPrize Program, including by submitting any solution or pull request ("Submission") to the λPrize GitHub repository ("you", "Participant") (each a "Party" and together the "Parties").
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These Terms and Conditions ("Terms") are entered into by and between Logos Collective Association, Baarerstrasse 10, 6300 Zug, Switzerland ("Logos", "we", "us") and any individual or legal entity participating in the λ Prize Program, including by submitting any solution or pull request ("Submission") to the λ Prize GitHub repository ("you", "Participant") (each a "Party" and together the "Parties").
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By making a Submission to λPrize through the relevant λPrize GitHub repositories or relevant platform (and for the purposes of these Terms, it'll be referred to as λPrize Github repository), you acknowledge that you have read, understood, and agree to be bound by these Terms and any applicable Prize specifications.
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By making a Submission to λ Prize through the relevant λ Prize GitHub repositories or relevant platform (and for the purposes of these Terms, it'll be referred to as λ Prize Github repository), you acknowledge that you have read, understood, and agree to be bound by these Terms and any applicable Prize specifications.
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You can contact us about these Terms in case you have any questions: [legal@free.technology](mailto:legal@free.technology).
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## 1. Lambda Prize Overview
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Logos supports the development and adoption of decentralised technologies and applications around the Logos technology stack and related ecosystem components through the λPrize Program ("Program" or "λPrize").
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Logos supports the development and adoption of decentralised technologies and applications around the Logos technology stack and related ecosystem components through the λ Prize Program ("Program" or "λ Prize").
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The Program comprises multiple prizes (each a "Prize"), including but not limited to prizes described in the λPrize GitHub repository. Each Prize is governed by a separate prize specification, which sets out the scope, requirements, success criteria, and prize amount applicable to that Prize.
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The Program comprises multiple prizes (each a "Prize"), including but not limited to prizes described in the λ Prize GitHub repository. Each Prize is governed by a separate prize specification, which sets out the scope, requirements, success criteria, and prize amount applicable to that Prize.
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The Program is discretionary in nature. Logos retains sole and absolute discretion over the design of the Program, the content and nature of any prize specifications, the evaluation of submissions, the selection (or non‑selection) of winners, and the award or non‑award of any Prize. No Participant will have any entitlement to receive a Prize.
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### 5.2 Manner of submissions and deadline
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Submissions must be made through λPrize GitHub repository workflow, as indicated in the applicable Prize specification or an alternative platform as communicated by Logos.
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Submissions must be made through λ Prize GitHub repository workflow, as indicated in the applicable Prize specification or an alternative platform as communicated by Logos.
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Unless stated otherwise, Submissions for the Parallel Society event must be received before the deadline specified in the relevant platform (e.g. Saturday 7 March 2026, 23:59 UTC). Late Submissions will not be considered.
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## 9. Post-Event continuation
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Following the conclusion of any associated hackathon or live event (including the Parallel Society Congress), the λPrize GitHub repository may remain open or be opened for further Submissions from a specified date.
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Following the conclusion of any associated hackathon or live event (including the Parallel Society Congress), the λ Prize GitHub repository may remain open or be opened for further Submissions from a specified date.
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Unless otherwise specified:
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4. cancel individual Prizes; or
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5. cancel, suspend, or modify the Program or any associated event in whole or in part.
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Logos will communicate material changes to the Program through the λPrize GitHub repository, or other official channels designated by Logos. Your continued participation in the Program after publication of updated Terms or rules constitutes your acceptance of such updates.
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Logos will communicate material changes to the Program through the λ Prize GitHub repository, or other official channels designated by Logos. Your continued participation in the Program after publication of updated Terms or rules constitutes your acceptance of such updates.
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All decisions by Logos regarding eligibility, evaluation, and winner selection are final and binding.
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prizes/LP-0000.md

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> Links to relevant specs, documentation, APIs, or prior work that participants should know about.
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## Potential for Subsequent λPrizes
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## Potential for Subsequent λ Prizes
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> If this prize targets a specific testnet, codebase version, or external dependency that is expected to change, note here whether a follow-up prize may be opened to cover adaptation to future versions.

prizes/LP-0001.md

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- [LEZ Github repository](https://github.com/logos-blockchain/logos-execution-zone)
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## Potential for Subsequent λPrizes
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## Potential for Subsequent λ Prizes
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TBD

prizes/LP-0002.md

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- [MACI — Minimum Anti-Collusion Infrastructure](https://privacy-scaling-explorations.github.io/maci/)
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- [Threshold signature schemes (FROST)](https://eprint.iacr.org/2020/852)
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## Potential for Subsequent λPrizes
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## Potential for Subsequent λ Prizes
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This prize targets the current LEZ testnet. Should a future testnet version introduce breaking changes, a subsequent λPrize may be opened to cover the necessary adaptation and redeployment.
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This prize targets the current LEZ testnet. Should a future testnet version introduce breaking changes, a subsequent λ Prize may be opened to cover the necessary adaptation and redeployment.

prizes/LP-0003.md

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- [Merkle airdrop reference (public baseline)](https://github.com/Uniswap/merkle-distributor)
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- [zk-kit — Merkle tree and nullifier primitives](https://github.com/privacy-scaling-explorations/zk-kit)
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## Potential for Subsequent λPrizes
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## Potential for Subsequent λ Prizes
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Testnet 0.3/0.4 compatibility, mainnet deployment and adoption.

prizes/LP-0004.md

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- [Sealed-bid auctions on blockchains — survey](https://eprint.iacr.org/2021/1113)
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- [Penumbra DEX — sealed-bid batch auction design](https://protocol.penumbra.zone/main/dex.html)
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## Potential for Subsequent λPrizes
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## Potential for Subsequent λ Prizes
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TBD

prizes/LP-0005.md

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- [Range proofs in ZK circuits](https://docs.circom.io/more-circuits/more-basic-circuits/#range-proof) — background on proving `balance >= N`
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- [zk-kit — Merkle tree primitives](https://github.com/privacy-scaling-explorations/zk-kit)
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## Potential for Subsequent λPrizes
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## Potential for Subsequent λ Prizes
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This prize targets the current LEZ testnet. Should a future testnet version introduce breaking changes, a subsequent λPrize may be opened to cover the necessary adaptation and redeployment.
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This prize targets the current LEZ testnet. Should a future testnet version introduce breaking changes, a subsequent λ Prize may be opened to cover the necessary adaptation and redeployment.

prizes/LP-0006.md

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### Out of Scope
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- Lightning Network integration or multi-hop/routed swaps.
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- Ongoing maintenance or security audits beyond initial delivery. Follow-up prizes may cover testnet 0.3 compatibility, mainnet deployment, and ongoing maintenance — see [Potential for Subsequent λPrizes](#potential-for-subsequent-λprizes).
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- Ongoing maintenance or security audits beyond initial delivery. Follow-up prizes may cover testnet 0.3 compatibility, mainnet deployment, and ongoing maintenance — see [Potential for Subsequent λ Prizes](#potential-for-subsequent-λ-prizes).
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## Infrastructure & Dependencies
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- [curve25519-dalek](https://github.com/dalek-cryptography/curve25519-dalek)
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- [secp256kFUN!](https://github.com/LLFourn/secp256kfun)
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## Potential for Subsequent λPrizes
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## Potential for Subsequent λ Prizes
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- **Testnet 0.3 compatibility**: If LEZ testnet 0.3 introduces breaking changes, a follow-up prize may be opened to update the atomic swap implementation for compatibility.
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- **Mainnet deployment**: A subsequent prize may target mainnet deployment of the atomic swap application, with adoption-related success criteria (e.g., volume, number of unique users, liquidity thresholds).

prizes/LP-0008.md

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- [LP-0002](LP-0002.md) — Private M-of-N Multisig (relevant for above-threshold approval flows)
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- [LP-0005](LP-0005.md) — Private Token Balance Attestation (relevant for token-gated group access by agents)
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## Potential for Subsequent λPrizes
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## Potential for Subsequent λ Prizes
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This prize targets the current LEZ testnet. Should a future testnet version introduce breaking changes, a subsequent λPrize may be opened to cover the necessary adaptation and redeployment.
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This prize targets the current LEZ testnet. Should a future testnet version introduce breaking changes, a subsequent λ Prize may be opened to cover the necessary adaptation and redeployment.

prizes/LP-0009.md

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- [nexum-keycard](https://github.com/aspect-build/nexum-keycard) — Rust SDK and CLI
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- [keycard-cli](https://github.com/status-im/keycard-cli) — Go CLI (useful as implementation reference)
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## Potential for Subsequent λPrizes
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## Potential for Subsequent λ Prizes
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No follow-up prize is anticipated at this time.

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