# EDUT Membership Pricing Policy (v1)

This policy defines deterministic rules for membership mint pricing.

## Policy Objectives

1. Keep onboarding deterministic and explicit.
2. Guarantee mint-cost coverage.
3. Support configurable growth tiers.
4. Keep pricing behavior transparent and auditable.

## Base Rules

1. Membership is paid.
2. Membership is required for marketplace purchases.
3. Membership price is fixed at `100 USDC` for launch.

## Floor Rule

1. Launch membership price: `100.00 USDC` (`100000000` atomic with 6 decimals).
2. No discounts, no bundles, no alternate path pricing.
3. Any future change must be owner-governed and event-emitted.

## Supported Settlement Currencies (v1)

1. `USDC` on Base.

## Tier Policy

1. Disabled for launch.
2. No supply curve, no promotions, no coupons.

## Quote Lock Requirements

Each mint quote must include:

1. `quote_id`
2. `wallet`
3. `currency`
4. `amount_atomic`
5. `expires_at`
6. `policy_hash`

A wallet confirmation is valid only when tx matches quote values exactly.

## Governance Controls

1. Price updates are owner-controlled and event-emitted.
2. Recommended: timelocked updates for non-emergency changes.
3. Emergency freeze may pause minting without changing historical receipts.

## UX Disclosure Rules

1. Show exact payable amount before wallet confirmation.
2. Show currency clearly (`USDC`).
3. Never imply investment return or speculative upside.

## Evidence Requirements

For each membership mint, persist:

1. quote payload
2. policy hash
3. tx hash
4. chain id
5. wallet
6. confirmed amount
7. activation timestamp

## Non-Goals (v1)

1. Native BTC settlement.
2. Multi-chain settlement.
3. Dynamic market-maker pricing.