Membership and the co-op

Who is a member

Having a Clear account and holding a membership are different things. Anyone who signs up has an account. A membership is a record on the chain, written once a membership plan is paid for.

When a plan is paid, Clear's server writes the member's record to the membership registry: their wallet, their plan, an expiry date and a fingerprint of their details (a hash; no personal details go on the chain). A Standard record stops counting once its expiry date passes, and when a Standard subscription is cancelled or goes unpaid, the server marks the record revoked.

The wallet that writes these records is the membership registrar. Unless a separate registrar is set, it is the credit operator's wallet (On-chain authority). The deployer key never does it.

The credit contracts ask the access manager (AccessManager) whether someone is a member. It answers yes for an active, unexpired record in the membership registry, and also for anyone holding its own member or operator role, or the admin role. Taking away the access manager's member role does not end a membership recorded in the registry.

What makes someone a member of the co-op itself, with a vote, is for the bylaws to set, and they are not adopted yet.

The two plans

The plan sets the equity-credit multiplier and nothing else. It does not change your savings, the match on your deposits, which protections you can unlock, or your credit. The exact multiplier rules are in Parameters.

Plan prices are set in the billing provider (Stripe) and are not listed here.

Bylaws, voting and patronage

The bylaws are not adopted yet. Member voting: Not available yet. Patronage (sharing any surplus among members): Not available yet.

How decisions are meant to be made (members, regional councils, the co-op and Holdings boards, the Delegate Assembly and the five reserved matters) is in The co-op's structure. It is a draft until the bylaws are adopted.

The co-op keeps its own governance records (its entities, boards and seats, agendas, resolutions, meetings and filings) in the Command Center. Putting a member vote forward there needs a second person to approve, and is recorded for someone to carry out; the Command Center does not run a ballot. See The Command Center.