Gov/en/Portal:R&D/Innovations:Bonding Curve: Difference between revisions

Revision as of 20:08, 13 June 2026

💡 In simple words: Imagine the very first people who help build a clubhouse get the best, fairest deal — and everyone can see exactly how that deal works. The Bonding Curve is the simple, public rule that decides how much early supporters pay, with no secret discounts.

⚠️ Not yet approved. This page describes a proposal that is still under community review. It is documented here so it can be discussed, improved and endorsed.

Bonding Curve

Innovation — WikiDeal R&D

Name	Bonding Curve
Origin	🟠 Crypto / Token Economics
Category	Funding / Tokenomics
Status	Prototype 1 — In testing

Why? What is it for?

The Bonding Curve is a mathematical mechanism that sets the purchase price of WIL (WikiDeal Investment Licences). It answers a fundamental question: how can a project reward its earliest supporters fairly, without creating speculation or opacity?

On conventional commercial platforms, early investors often benefit from opaque terms negotiated behind closed doors. Here, the algorithm is public, immutable and identical for everyone. The more the platform raises, the smaller the multiplier (discount) becomes — so the earliest funders get the best value, in a transparent and predictable way.

This mechanism protects the community against two pitfalls: over-rewarding insiders, and devaluing later support. Trust is anchored in the mechanism itself, not in the promises of a management team.

How does it work on WikiDeal?

In practice, each funding tranche raised corresponds to a step on the curve. In Prototype 1, the starting multiplier is high (a strong advantage for the earliest funders) and decreases progressively at each new step reached. The formula is written into WikiDeal's founding documents and cannot be changed unilaterally.

WIL purchased through the bonding curve are then converted into Cash Rewards (via the Boost mechanism) and into Miles Credits. The mechanism interacts directly with the 5% annual value increase: the nominal CHF value of Credits grows each year, regardless of when they were purchased on the curve.

For funders, the bonding curve works as an explicit social contract: "here is exactly what you get, here is why, here is how it evolves." No surprises, no hidden clauses.

Usage level and evolution

This innovation will be tested as part of WikiDeal's Prototype 1. Its level of use and the precise deployment terms will be documented progressively as the platform evolves.

See also: All innovations · R&D Portal · Economy Portal

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+{{KidsIntro|Imagine the very first people who help build a clubhouse get the best, fairest deal — and everyone can see exactly how that deal works. The Bonding Curve is the simple, public rule that decides how much early supporters pay, with no secret discounts.}}
+{{NotApproved}}
 == Bonding Curve ==
+''Innovation — WikiDeal R&D''
-Innovation WikiDeal
 {| class="wikitable"
 |-
-| Nom
+| Name || '''Bonding Curve'''
-| '''Bonding Curve'''
 |-
-| Origine
+| Origin || 🟠 Crypto / Token Economics
-| 🟠 Crypto / Token Economics
 |-
-| Catégorie
+| Category || Funding / Tokenomics
-| Financement / Tokenomics
 |-
-| Statut
+| Status || Prototype 1 — In testing
-| Prototype 1 — En test
 |}
-=== Pourquoi ? À quoi ça sert ? ===
+=== Why? What is it for? ===
-La ''Bonding Curve'' (courbe de liaison) est un mécanisme mathématique qui détermine le prix d'achat des WIL (WikiDeal Investment Licences). Elle répond à une question fondamentale : comment récompenser équitablement les premiers soutiens d'un projet sans créer de spéculation ni d'opacité ?
-Sur les plateformes commerciales classiques, les premiers investisseurs bénéficient souvent de conditions opaques ou négociées en coulisses. Ici, l'algorithme est public, immuable et identique pour tous. Plus la plateforme lève de fonds, plus le multiplicateur (remise) diminue — les premiers financeurs obtiennent le meilleur rapport qualité-prix, de façon transparente et prévisible.
-Ce mécanisme protège la communauté contre deux dérives : la sur-rémunération des initiés et la dévaluation du soutien tardif. Il ancre la confiance dans la mécanique elle-même, pas dans les promesses d'une direction.
+The ''Bonding Curve'' is a mathematical mechanism that sets the purchase price of WIL (WikiDeal Investment Licences). It answers a fundamental question: how can a project reward its earliest supporters fairly, without creating speculation or opacity?
-=== Comment ça fonctionne sur WikiDeal ? ===
+On conventional commercial platforms, early investors often benefit from opaque terms negotiated behind closed doors. Here, the algorithm is public, immutable and identical for everyone. The more the platform raises, the smaller the multiplier (discount) becomes — so the earliest funders get the best value, in a transparent and predictable way.
-Concrètement, chaque tranche de financement levée correspond à un palier de la courbe. Lors du Prototype 1, le multiplicateur de départ est élevé (fort avantage pour les premiers financeurs) et décroît progressivement à chaque nouveau palier atteint. La formule est inscrite dans les documents fondateurs de WikiDeal et ne peut pas être modifiée unilatéralement.
+This mechanism protects the community against two pitfalls: over-rewarding insiders, and devaluing later support. Trust is anchored in the mechanism itself, not in the promises of a management team.
-Les WIL achetés via la bonding curve sont ensuite convertis en [[innovation-dual-rewards.html|Cash Rewards]] (selon le mécanisme [[innovation-boost.html|Boost]]) et en [[innovation-dual-rewards.html|Miles Credits]]. Le mécanisme interagit directement avec l'[[innovation-annual-value-increase.html|augmentation annuelle de 5 %]] : la valeur nominale en CHF des Credits croît chaque année, indépendamment du moment d'achat sur la courbe.
+=== How does it work on WikiDeal? ===
-Pour les financeurs, la bonding curve fonctionne comme un contrat social explicite : « voici exactement ce que vous obtenez, voici pourquoi, voici comment ça évolue. » Aucune surprise, aucune clause cachée.
+In practice, each funding tranche raised corresponds to a step on the curve. In Prototype 1, the starting multiplier is high (a strong advantage for the earliest funders) and decreases progressively at each new step reached. The formula is written into WikiDeal's founding documents and cannot be changed unilaterally.
-=== Degré d'usage et évolution ===
+WIL purchased through the bonding curve are then converted into Cash Rewards (via the [[Gov/en/Portal:R&D/Innovations:Funding Stabilizer|Boost]] mechanism) and into [[Gov/en/Portal:Economy/Miles-Credits|Miles Credits]]. The mechanism interacts directly with the [[Gov/en/Portal:R&D/Innovations:Annual Value Increase|5% annual value increase]]: the nominal CHF value of Credits grows each year, regardless of when they were purchased on the curve.
-Cette innovation sera testée dans le cadre du Prototype 1 de WikiDeal. Son degré d'usage et les modalités précises de déploiement seront documentés progressivement à mesure que la plateforme évolue.
+For funders, the bonding curve works as an explicit social contract: "here is exactly what you get, here is why, here is how it evolves." No surprises, no hidden clauses.
-'''Voir aussi :''' [[innovations.html|Toutes les innovations]] [[innovation-dual-rewards.html|Dual Rewards]] [[innovation-boost.html|Boost]] [[innovation-annual-value-increase.html|Augmentation 5 %/an]]
+=== Usage level and evolution ===
-'''Note :''' Ces innovations sont des propositions concrètes en cours d'implémentation dans le Prototype 1 de WikiDeal. Elles seront documentées et affinées progressivement à mesure que la plateforme évolue.
+This innovation will be tested as part of WikiDeal's Prototype 1. Its level of use and the precise deployment terms will be documented progressively as the platform evolves.
 ----
-''See also: [[Gov/en/Portal:R&D/Innovations:Main|All innovations]] · [[Gov/en/Portal:R&D/Main|R&D Portal]]''
+'''See also:''' [[Gov/en/Portal:R&D/Innovations:Main|All innovations]] · [[Gov/en/Portal:R&D/Main|R&D Portal]] · [[Gov/en/Portal:Economy/Main|Economy Portal]]
-''Reference content imported from mockup. Reference language pending (source is FR).''