docs: add QLX_ONBOARDING_LIMITS.md

Author: samkay-ops

docs/QLX_ONBOARDING_LIMITS.md

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+# QLX Onboarding Limits
+
+Progressive limits applied to new businesses and investors while they build history on the QuickLendX protocol.
+
+## Audience
+
+This document is written for **operators** and **support** staff who need to explain or verify the progressive limits that apply to newly onboarded participants.
+
+## Purpose
+
+New businesses and investors start with conservative limits. These limits increase automatically (or via governance) as the participant builds a positive history of successful invoices, repayments, and dispute-free activity.
+
+The goal is to:
+- Reduce protocol risk from brand-new participants
+- Allow legitimate users to grow their capacity over time
+- Keep the rules transparent and auditable
+
+## Limit Categories
+
+| Category              | Description                                      | Initial Value (example) |
+|-----------------------|--------------------------------------------------|-------------------------|
+| Max Open Invoices     | Maximum number of concurrent open invoices       | 3                       |
+| Max Invoice Amount    | Maximum size of a single invoice                 | 5,000 USDC              |
+| Max Total Exposure    | Maximum total outstanding principal              | 15,000 USDC             |
+| Max Concurrent Bids   | Maximum number of open bids an investor can place| 5                       |
+| Max Position Size     | Maximum size of a single investment position     | 2,000 USDC              |
+
+> Exact numeric values are stored in the contract’s configuration and may be updated via governance. Always check the on-chain parameters for the current numbers.
+
+## Progression Rules
+
+Limits increase based on the following signals (examples):
+
+1. **Successful Invoice Completions**  
+   After N invoices are fully repaid without dispute, the Max Invoice Amount and Max Total Exposure increase.
+
+2. **Time on Platform**  
+   After a minimum number of days with positive activity, concurrent invoice and bid limits are raised.
+
+3. **Dispute History**  
+   Any dispute that is resolved against the participant can freeze or reduce limits until a cool-down period ends.
+
+4. **Governance Override**  
+   Protocol administrators can manually raise or lower limits for a specific participant when justified.
+
+## Worked Example
+
+A new business is onboarded:
+
+- Day 0: Max Open Invoices = 3, Max Invoice Amount = 5,000 USDC
+- After 5 successful invoice cycles with no disputes:
+  - Max Open Invoices → 5
+  - Max Invoice Amount → 10,000 USDC
+  - Max Total Exposure → 30,000 USDC
+
+An investor starts with:
+
+- Max Concurrent Bids = 5
+- Max Position Size = 2,000 USDC
+
+After consistent successful bids and repayments, both limits are raised by the progression rules.
+
+## Related Documents
+
+- `CAPS.md` – hard protocol-wide caps
+- `INVESTOR_RISK_MODEL.md` – risk scoring that can influence limits
+- `GOVERNANCE.md` – how parameters and individual overrides are changed
+
+## Implementation Notes
+
+The limits are enforced inside the Soroban contracts. Off-chain services should never assume a participant can exceed the on-chain limits.
+
+When in doubt, query the contract for the current effective limits of a given business or investor address.