🔄 Turns and Rounds
At the heart of The Fedz lies the Turns and Rounds mechanism — a blockchain-native implementation of a structured exit strategy inspired by Green & Lin's seminal research. In each Round, participants (NFT holders) are assigned specific Turns. During their Turn, they can modify liquidity, claim profits, or exit in an orderly fashion. This transparent, queued process prevents sudden mass exits, which are the hallmark of traditional bank runs.
The Green & Lin model proved that when participants are forced into a known, sequential withdrawal order, the incentive to rush and withdraw first disappears. Instead, patience and rational behavior dominate, fostering collective confidence in the system. We bring this economic proof on-chain, converting it into enforceable smart contract logic.
🔗 On-Chain: The Shuffle Contract
The Shuffle Contract is the on-chain engine that enforces the Turns and Rounds mechanism. Deployed on Arbitrum, it manages the sequential queue logic transparently and trustlessly.
View the Shuffle Contract on Arbitrum: https://arbiscan.io/address/0xbF378EfFB797Eeeab306506f8b03A3A7bfcBfe28
In practice, this contract organizes participants into an ordered list (a "shuffle queue") and assigns them specific Turns to act within each Round. When it's your Turn, you can decide to withdraw, adjust liquidity, or stay. By strictly controlling this sequence, the contract ensures no one can jump ahead or trigger a panic exit.
This architecture embodies the Green & Lin theoretical foundation in code, creating a robust, deterministic process for liquidity access — and making The Fedz resistant to sudden runs
🤔 Why This Design Works
NFTs as Commitment Gates: Only verified, engaged participants can impact or access liquidity flows, reinforcing long-term alignment.
Sequential Access & Turns: Structured entry and exit points eliminate panic incentives and enforce predictable, orderly behavior, as shown in Green & Lin’s proof.
Semi-Locked Liquidity as Signal: Increases market confidence and discourages destabilizing actions.
sbFUSD as an Insurance Layer: Ensures capital buffers before $FUSD is printed and circulating.
Fractional-Reserve with Rules: Stability is maintained through behavioral and structural design, not excessive collateral.
🧬 Conclusion
The Fedz redefines stablecoin architecture as a live, on-chain economic experiment. By combining NFT-gated participation, semi-locked liquidity, and sequential access enforced by smart contracts, The Fedz builds a resilient, under-collateralized synthetic dollar ($FUSD).
When you participate, you are more than just a user — you are a co-architect of a new programmable monetary system. Together, we explore how carefully designed incentives and enforced sequencing can achieve stability without relying on brute-force collateral.
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