JPEG'd · interactive mechanism simulation

NFT holders deposit blue-chip JPEGs into an NFTVault priced by a Chainlink floor oracle, mint PUSd / pETH against them, and exit into a Curve pool. If floor value falls too far under the debt, the DAO liquidates — insured borrowers keep a time-limited repurchase right. Drag the sliders, or trigger the 2023 Curve/Vyper exploit that drained the pETH pool.
NFT holders deposit Punks / Apes NFTVault floor: 30 ETH (Chainlink) max LTV: 50% (+JPEG boost) debt: 0.0 ETH-eq PUSd / pETH mint synthetic 1:1 vs debt Curve pool peg: 100% DAO liquidation 0 liquidated insured NFTs: repurchase window Curve/Vyper
NFTs deposited
0
PUSd + pETH outstanding
0.0 ETH-eq
Liquidations
0
Curve pool peg
100%
Parameters — edit me
30 ETH
50%
2%
4/min
40%
Controls

Illustrative simulation. Reflects JPEG'd's researched mechanism (Chainlink floor-price vaults minting PUSd/pETH, ~70% max LTV with boosts, DAO-managed liquidation with optional repurchase insurance, Curve-pooled synthetics) but loan sizes, timing and liquidation odds are simplified/randomized for visualization — not live onchain data. The exploit button illustrates the July 2023 Curve/Vyper reentrancy drain and its whitehat return. Part of The Onchain Experiment Atlas.