ConstitutionDAO · interactive mechanism simulation

Contributors send ETH to a Juicebox treasury and mint $PEOPLE → funds are earmarked through a Gnosis Safe fiscal sponsor for an off-chain Sotheby's bid → because the treasury is fully public, a rival bidder always sees the ceiling and can outbid it → the DAO refunds ETH by burning $PEOPLE, but some holders keep the token instead.
Contributors ~17,000 people, ETH in 0 joined Juicebox Treasury project #17 · public balance 0.0 ETH raised $PEOPLE token 1,000,000 / ETH minted 0 circulating Gnosis Safe Endaoment fiscal sponsor biddable: 0.0 ETH Sotheby's Auction off-chain · rival bidder Awaiting bid… 0 auctions lost
Contributors
0
Treasury (public)
0.0 ETH
$PEOPLE circulating
0
Auctions lost
0
Held as memecoin (unclaimed)
0.0 ETH
Parameters — edit me
3.0/s
0.12 ETH
60 ETH
4%
40%
Controls

Illustrative simulation. The mechanism (Juicebox treasury minting 1,000,000 $PEOPLE per ETH, a Gnosis Safe/Endaoment fiscal sponsor bidding off-chain at Sotheby's, and burn-to-redeem refunds) mirrors ConstitutionDAO's documented design, but funding targets, contribution sizes, and timing are compressed and randomized for visualization — not live onchain data or the real November 2021 totals ($47M / 11,500 ETH). Because the treasury is public, the rival bidder here always sees the ceiling and bids just above it, reproducing the transparency problem that beat the real DAO. Drag the sliders or press "Run auction now" to explore. Part of The Onchain Experiment Atlas.