American CryptoFed DAO · interactive mechanism simulation

Consumers transact Ducat → open-market operations mint/burn Locke to hold the peg → but every settlement first queues at the SEC review gate, which stayed shut for nearly five years. Edit the parameters, or fast-forward the gate.
Consumers/merchants transact Ducat Ducat peg target ±2% OMO engine mint/burn Locke Locke supply 0 / 10T SEC review gate proceedings pending Escrow (unlaunched) 0 Ducat queued Consumer/merchant rewards 0.0 Ducat paid
Ducat transacted
0
Peg deviation
0.0 %
SEC review progress
0 %
Ducat stuck in escrow
0
Parameters — edit me
1.5/s
1.2%
6%
0.3%/s
Controls

Illustrative simulation. Loosely mirrors the researched American CryptoFed DAO design (Ducat/Locke dual-token seigniorage, open-market peg operations, consumer/merchant rewards, Form 10/S-1 SEC review) — the system depicted here never actually launched onchain, so this shows the intended mechanism gated by the real regulatory holdup, not live onchain data. "Trigger peg death spiral" illustrates the Terra-style reflexive collapse risk noted in the research. Part of The Onchain Experiment Atlas.