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Simulation — no transactions are sent on-chain

Simulator

Run the protocol.

Every figure below comes from one local state: bonds, fees, burns, refunds. Two demo series are listed to start. Issue your own, buy, consume, resell, then break a provider and follow the money.

Issue portions against a $PRTN bond.

Sale type

Protocol parameter, set by governance. Applies to new issuances.

Price per unit
0.880 USDC
Value issued
2,200.00 USDC

bond = value of portions outstanding × bond ratio

2,200.00 × 20 % = 440.00 USDC → 440.00 $PRTN

Gross if sold out
2,200.00 USDC
Protocol fee 0.75 %
− 16.50 USDC
Net cash to provider
2,183.50 USDC

Simulated $PRTN unit: 1 $PRTN = 1.00 USDC. Not a price. $PRTN is not live.

Ledger

2 events · clock T+0h · times in UTC

Fees collected
0.00 USDC
→ $PRTN stakers
0.00 USDC
→ Buy & burn
0.00 USDC
Bonds posted
2,144.00 $PRTN
Bonds required now
2,144.00 USDC value
Refunds paid
0.00 USDC
#TimeEventSeriesFrom → ToUnitsAmountFee
209:00:00IssuedWHISPER-L · 20k h · exp 15 NOVDutch auction, bond 20 %PortionFactory → 0x981e…4174tx 0x93fcc285…20,0001,440.00 $PRTN—
109:00:00IssuedLLAMA-70B · 5B tok · exp 31 DECFixed price, bond 20 %PortionFactory → 0xe8a5…0e31tx 0x87a22f88…5,000704.00 $PRTN—