Once Dynamics
About this model
This diagram models a sophisticated blockchain-based economy that simulates the interactions among various stakeholders in a decentralized finance (DeFi) ecosystem. Central to this economy are mechanisms for minting Non-Fungible Tokens (NFTs), trading digital assets, managing risk, and calculating premiums for insurance within the ecosystem. Sources generate a continuous input of new clients, tokens, and assets. These inputs are processed through pools representing different parts of the economy such as monthly client acquisition, risk pooling, ETH and ANIMA (a form of digital currency) liquidity, and Dao income.
The interplay between nodes involves complex transactions like trading fees calculation, assets and liquidity management, and premium payments for insurance. Registers compute various metrics such as the total risk, premiums paid, and technical death trackers which adjust the simulation's parameters in real-time. Traders and converters facilitate the exchange of assets and tokens, embodying the trading mechanics seen in real-world DeFi platforms. The use of drains indicates points in the economy where resources are consumed, representing costs or losses. Overall, this diagram captures the dynamism and interconnectedness of a DeFi ecosystem, showcasing how assets flow and are transformed across different actors and services within the network.
"Once Dynamics" is a public Machinations diagram shared in the Community by Alberto Alfaro Mendoza, with 157 components.
It was created in June 2023 and last edited in September 2023.
Open the diagram in the Machinations app and press Play to watch the resources move, adjust its values to test how the system responds, or remix it to make an editable copy in My diagrams.