Aragon Fundraising · interactive mechanism simulation

Patrons submit buy/sell orders → a batched Bancor bonding curve clears them at a common price against a reserve that guarantees exit liquidity → a token-holder-governed "tap" streams a rate-limited slice of that reserve to a discretionary DAO treasury. Edit the parameters and watch the DAICO flywheel respond.
Patrons buy / sell orders Batch queue clears every 3.0s Bonding curve reserve price 0.200 DAI · RR 33% 33,000 DAI DAI DEPEG — reserve value impaired Tap 0.60 DAI/s → DAO (floor 20%) DAO treasury 0.0 DAI tapped discretionary spend
Orders batched
0
Reserve
33,000 DAI
Token price
0.200 DAI
Circulating supply
500,000
Tapped to DAO
0.0 DAI
Parameters — edit me
33%
0.60 DAI/s
3.0s
+0.3 bullish
20%
Controls

Illustrative simulation. Defaults mirror Aavegotchi's GHST deployment of Aragon Fundraising (curve opened ~0.2 DAI, 33% reserve ratio, DAI collateral, token-holder-governed tap), but order sizes and timing are randomized for visualization — not live onchain data. "Trigger DAI depeg" dramatizes the real risk that closed the curve: collateral value impairment, independent of the batched-clearing mechanism itself, which never was exploited. Part of The Onchain Experiment Atlas.