# 0.33 Change Summary

> Balanced Exchange Framework (BEF) - Framework Version 1.0, 2026-08-22.
> Source of record: https://balancedexchangeframe.work/doc/v0-33

- Preserved the 0.32 First Complete Framework Baseline and exhaustion-based LANA Split Trigger without changing CP-13 design.

- Separated PERSONAL MATURITY from SYSTEM MATURITY: an individual may enter Balanced Wallet through a Personal Sufficiency Election even while the wider BEF economy remains in Growth Phase; system maturity remains CP-59.

- Removed any implication that approximately EUR 100 million is a fixed personal maturity trigger. It is retained only as a past scale illustration for a configurable Maximum Growth Ceiling, not a promise or immutable threshold.

- Defined Zero Level as an internal reference coordinate and separated Wallet Position from User-Facing Available Capacity; added an illustrative +1,000 / -1,000 example around a 1,000 display baseline.

- Defined the target aggregate identity SUM(WALLET POSITIONS)=0 for a specified balancing set, while preserving the distinction from legal asset ownership, solvency and blockchain balances.

- Defined Dynamic Flow Capacity / Wave Amplitude: capacity may expand with auditable real economic flow and changing needs; passive holding alone does not create the same functional need for larger capacity, and artificial spending is not a valid growth objective.

- Defined Economic Gravity path: inactive excess Registered position -> Gravity Notice -> participant choice -> possible Deregistration Event under a published policy. Deregistration removes BEF Registered status only; it does not transfer private keys or native assets.

- Defined breathing/contraction logic: deregistration may shrink Registered Supply; if real demand later requires expansion, a separate new Registration Event may add capacity.

- Marked CP-18 and CP-61 partially closed at framework-design level while retaining production HOLD gates for legal/accounting funding, negative-position characterisation, exact formulas/thresholds, notice periods, valuation, insolvency and audit controls.