17. Legal & Compliance Note

CPP coordinates redeemable commitments. Some vouchers may fall under financial or consumer-protection rules depending on jurisdiction. Deployments should include local legal review, disclosures, and—where required—geofenced interfaces and attestation/KYC hooks for off-ledger redemptions.

Where fiat on/off-ramps are offered, they are provided by regulated third-party partners (e.g., banks, licensed e-money/payment institutions, or card-issuing/payment processors); the DAO does not itself custody fiat or operate money-transmission rails.

This matrix standardizes how voucher classes are listed, monitored, and governed across pools. Each class must be declared in pool metadata and surfaced in receipts.

Pools must (i) declare the class used; (ii) enforce matching Fee/Limit/Index settings; (iii) publish any exceptions with justification and timelock.

• who: issuer legal name + contact

• what: claim description (plain language), unit, quantity

• where: redemption venues / geofence

• when: SLA target & max window

• proof: acceptable evidence at redemption (QR receipt, ticket #, ID type)

• fallback: guarantor / payout path if not fulfilled

• class: matches declared Voucher Class Matrix entry

• fees: applicable pool/network fees shown to user

• limits: per-account/global windows (human-readable)

• disclosures: legal stance, risks, dispute hooks

Voucher: A voucher is a redeemable commitment—a defined claim on future delivery of a good/service (and in some classes, redemption into a cash-equivalent). It functions like a service credit or gift-card style claim with an explicit redemption SLA, venues, and fallback/recourse terms.

Not a Bank Deposit / Not E-Money. Vouchers and pool receipts are redeemable commitments (service/goods claims) and not bank deposits or e-money. No interest is paid; no guarantee of principal. Redemption is governed by published SLAs/venues and any disclosed guarantees.

Pool: A Commitment Pool is not merely software; it is a stewarded contract suite with published market terms: what vouchers are accepted (curation), how they are valued (index policy), how flows are limited (limit windows/caps), what fees apply, what inventory/reserve policy exists, and what guarantee/guarantor framework backs the listings. The pool steward is responsible for these published terms and any guarantees they advertise.

Restricted Jurisdictions. Access to certain voucher classes and/or UI features may be restricted or geofenced; additional attestations/KYC may be required for cash-equivalents. The DAO may programmatically disable sCLC swap windows or certain routes to comply with policy.

CLC DAO: The CLC DAO provides network governance, routing standards, and optional shared insurance policies. It is not automatically a guarantor of any pool or voucher unless explicitly stated in the relevant pool terms and DAO policy.