Chicken Bonds · interactive mechanism simulation

LUSD bonders open a Bond NFT. Each bond either chickens in (surrenders LUSD, mints bLUSD, splits funds into the Reserve and permanent protocol-owned-liquidity buckets) or chickens out (reclaims full principal). Yield keeps flowing into the Reserve, so bLUSD's backing floor can only rise. Edit the parameters to see the flywheel respond.
Bonders LUSD wallets Bond NFT 0 open bonds Yield venues Stability Pool + Yearn/Curve ChickenBondManager Pending Reserve (floor backing) Permanent (POL) floor: 1.000 LUSD/bLUSD bear-market stall: chicken-outs dominate bLUSD token supply: 500
Open bonds
0
bLUSD supply
0
Reserve (backs bLUSD)
0 LUSD
Permanent bucket (POL)
0 LUSD
Floor price
1.000 LUSD/bLUSD
Parameters — edit me
8/min
60%
55%
8%
Controls

Illustrative simulation. Mirrors the researched Chicken Bonds mechanism (LUSD bonds, chicken-in/chicken-out, pending/reserve/permanent buckets, monotonically rising bLUSD floor), but bond sizes, timing, and yield are randomized/accelerated for visualization — not live onchain data. The "bear-market stall" button illustrates the documented 2023 slowdown in demand, not an exploit. Part of The Onchain Experiment Atlas.