89 lines
2.1 KiB
Markdown
89 lines
2.1 KiB
Markdown
# EDUT Membership Pricing Policy (v1)
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This policy defines deterministic rules for membership mint pricing.
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## Policy Objectives
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1. Keep onboarding friction low.
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2. Guarantee mint-cost coverage.
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3. Support configurable growth tiers.
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4. Keep pricing behavior transparent and auditable.
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## Base Rules
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1. Membership is paid.
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2. Membership is required for marketplace purchases.
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3. Membership price is configurable but must not go below policy floor.
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## Floor Rule
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1. Default floor target: USD 5.00 equivalent.
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2. Effective configured price must satisfy:
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```text
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configured_price >= max(minimum_floor, estimated_network_cost * safety_multiplier)
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```
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3. Recommended default `safety_multiplier`: `1.5`.
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## Supported Settlement Currencies (v1)
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1. `USDC` on Base (preferred stable settlement).
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2. `ETH` on Base (optional).
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`BTC` display may be shown as reference only; settlement remains Base-native.
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## Tier Policy (Optional)
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1. Tiering is supply-based (`total_membership_minted`).
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2. Each tier has:
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- `max_supply`
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- `currency`
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- `amount_atomic`
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3. Price transitions occur automatically when supply crosses a tier boundary.
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4. Tier changes emit on-chain events.
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## Quote Lock Requirements
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Each mint quote must include:
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1. `quote_id`
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2. `wallet`
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3. `currency`
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4. `amount_atomic`
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5. `expires_at`
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6. `policy_hash`
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A wallet confirmation is valid only when tx matches quote values exactly.
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## Governance Controls
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1. Price updates are owner-controlled and event-emitted.
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2. Recommended: timelocked updates for non-emergency changes.
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3. Emergency freeze may pause minting without changing historical receipts.
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## UX Disclosure Rules
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1. Show exact payable amount before wallet confirmation.
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2. Show currency clearly (`USDC` or `ETH`).
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3. If BTC equivalent is shown, label it `reference only`.
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4. Never imply investment return or speculative upside.
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## Evidence Requirements
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For each membership mint, persist:
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1. quote payload
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2. policy hash
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3. tx hash
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4. chain id
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5. wallet
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6. confirmed amount
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7. activation timestamp
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## Non-Goals (v1)
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1. Native BTC settlement.
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2. Multi-chain settlement.
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3. Dynamic market-maker pricing.
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