Interlay · interactive mechanism simulation

Users send real BTC to a Vault, which locks DOT collateral above the BTC value and mints iBTC 1:1. On redemption the vault must release BTC in time — or its collateral gets slashed and the user is compensated instead.
User (BTC) deposit / redeem Vault network collat: 200% SPV verifier 0.0 BTC proven Redemption window 0 released Slashing / griefing 0 events DOT collateral pool 0 DOT locked
BTC deposits
0
iBTC minted (outstanding)
0.0000
DOT locked as collateral
0
Redemptions completed
0
Vaults slashed
0
Parameters — edit me
200%
$6.0
1.0
4%
Controls

Illustrative simulation. Mirrors the researched Interlay/XCLAIM mechanism (SPV-proven BTC deposits, over-collateralized vaults, slashing on failed redemption) but deposit sizes, timing, and failures are randomized for visualization — not live onchain data. Try "Trigger vault griefing" to see a vault fail to release BTC and get slashed. Part of The Onchain Experiment Atlas.