Tessera · interactive mechanism simulation

Fraction holders continuously vote a bounded, supply-weighted reserve price → a bidder must clear that reserve to trigger a buyout auction → the NFT goes to the winner and proceeds are redeemed pro-rata. Edit the parameters and watch the reassembly valve respond.
Fraction holders votes bounded ±5× Vault weighted avg: 40.0 ETH Bidder ~0.8/s bids Buyout escrow escrow: 0.0 ETH Redemption pool payout pool: 0.0 ETH Winner buyouts: 0 New vault cycle vaults created: 1
Fractions outstanding
1,000,000
Weighted avg reserve
40.0 ETH
Highest bid this cycle
0.0 ETH
Buyouts completed
0
Parameters — edit me
80
5.0×
0.8/s
1.00×
1.0%
Controls

Illustrative simulation. Defaults mirror the researched Fractional/Tessera v1 mechanism (supply-weighted reserve-price voting bounded to roughly 1/5x–5x, ETH bids that must clear the reserve to trigger a buyout auction, pro-rata redemption, and curator-fee fraction inflation), but vote timing, bid sizes, and arrival are randomized for visualization — not live onchain data. Drag the sliders to explore how the reassembly valve responds. Part of The Onchain Experiment Atlas.