Terms governing participation in the Cycas Digital Assets and Fintech Compensation Survey.

These terms apply to any firm that participates in a Survey cycle by submitting employee compensation data to Cycas. A “Participant” is the firm; the Participant’s employees are not parties to these terms and do not transact with Cycas directly.

For each employee the Participant chooses to include, we collect:

• Role title (as recorded in the Participant’s HRIS)
• Level or grade (as recorded in the Participant’s HRIS)
• Geography (country; sub-national where relevant)
• Cash compensation components — base, bonus, sign-on, and other cash elements as disclosed
• Equity compensation — grant details, vesting schedule, current strike where applicable
• Token compensation — grant details, vesting schedule, underlying token, lockup terms
• Carry participation — applicable to roles in investment firms
• Other data fields the Participant elects to submit as part of extended cuts

We do not collect, and do not want, personally identifiable information about individual employees (names, email addresses, national ID numbers). Participants are asked to strip or pseudonymise such fields before upload.

• Access controls. Submitted data is stored under role-based access controls. Only personnel directly engaged in survey production can access raw Participant data.
• Encryption. Data is encrypted in transit (TLS) and at rest.
• No third-party sharing. We do not sell, rent, or share raw Participant data with any third party for any purpose. Aggregated survey outputs are provided only to Participants.
• Classification. Our AI classification layer runs within our infrastructure. Raw Participant data is not sent to third-party model providers.

Submitted data is used exclusively to produce the Survey’s aggregated outputs — benchmarks, percentile cuts, and the written market narrative delivered to Participants. It is not used for:

• Marketing, advertising, or lead-generation purposes
• Services provided to non-Participants
• Any purpose other than producing the Survey outputs, except where explicitly authorised by the Participant in writing

To protect Participant confidentiality, we enforce the following rules on every published cut:

• Minimum three-organisation suppression. No percentile cut is published where fewer than three Participants contribute data. Cuts that fall below this threshold are omitted from Participant reports.
• Organisation-weighted estimation. Percentiles are computed organisation-weighted so that no single Participant disproportionately influences any published figure.
• Disclosed sample composition. Each published cut lists the number of contributing organisations and the sample size. Participants can always see the basis for any figure.

• Raw Participant uploads are retained for the duration of the current Survey cycle plus one further cycle (for comparability analysis), after which they are deleted from production systems within 90 days.
• Aggregated outputs and methodology artefacts are retained indefinitely for longitudinal analysis.
• Participants may request earlier deletion of their raw uploads at any time; contact details below.

Participants may, at any time and without penalty:

• Withdraw from the current Survey cycle prior to publication
• Request deletion of raw uploads already submitted
• Opt out of named-participant listings on Cycas marketing materials
• Request a copy of the data they submitted

Withdrawal does not entitle the Participant to a refund of participation fees already paid. Requests to exercise any of these rights should be directed to the contact address below.

Firms participating in the inaugural cycle (“Founding Participants”) receive pricing commitments that persist for the lifetime of their continuous participation. Specifically:

• Founding Participants receive a pricing discount against list for subsequent cycles, set at our discretion.
• Founding Participants receive first access to each cycle’s outputs before access is extended to any subsequent cohort.
• Founding Participants may propose additions to the job taxonomy; we will incorporate reasonable requests into the next cycle.

A lapse in participation (non-renewal for a full cycle) terminates founding-participant status. Re-joining subsequent cycles is at the then-current rates.

We may update these Survey Terms from time to time. Material changes (affecting data handling, publication thresholds, or Participant rights) are notified to current Participants by email at least 30 days before they take effect. Minor clarifications (typography, link updates) are made without notice.

Questions about these Survey Terms, or requests to exercise any Participant right described above:

Dexter Chong · Founder, Cycas Solutions
dexter.chong@cycas.cc