Brand · Do Kwonkey Ticker · $KWONKEY Token status · Not yet launched

Universe · The Paddock · Exhibit: the peg, live

Stay StableKeep the economy from toppling over

Pick a reserve design, take the week's shock, choose a defense. Watch confidence, liquidity and the linked systems react, then read the post-mortem. Kwonkey never stops saying it is stable.

// 11

The Game

New implementation, 2026-10-18: a reserve / peg / confidence / contagion model with a post-mortem.

Pick a reserve design. It is going to be stable.

1 · Choose the reserve design

Or · play a named stress scenario

The stress library: six scripted twelve-week tests on the same engine. Every week's shock is fixed, so a scenario plays the same way every time and only your defenses change the ending. The reserve design is set by the scenario. All of them are fictional systems with invented numbers; none retells a real coin, company or event.

// 12

How It Works

The balance sheet
Every stable is a promise of 1.00 hay. The reserve backing it is hay (worth 1.00), carrot bonds (worth their market price, which shocks move) and, in some designs, KWONK-B: a sister token whose price follows confidence itself. Cover = reserve / stables. Equity = reserve − stables. Paying a redemption pays hay and retires the stable, so both sides move by the same amount; a deposit does the reverse.
The peg
While every redemption is paid, anyone can swap a stable for 1.00 hay, so the price only slips when the reserve has a hole and holders doubt it: peg = 1 − 0.3 × shortfall × doubt. The week you refuse or fail to pay, the exit is shut: the price drops to the backing and prices the doubt on top. Below 0.97 the peg is broken; below 0.60 the run is over.
Who wants out
Each week's redemption demand is shown before you move: the shock, plus fear (confidence under 60), plus arbitrage when the peg is broken, plus everything a failed linked system dumps. Hay pays first; carrot bonds are sold next at a discount that grows with stress; KWONK-B last, into a falling market.
Your five moves
Pay every redemption. Raise hay early by selling bonds before you need to. Mint KWONK-B (only designs that hold it): raises hay now, dilutes the KWONK-B in your own reserve, and every mint is public, so confidence falls. Pause redemptions: no outflow this week, a large confidence hit, and the linked systems cannot get their money out. Publish a real audit: helps only if the reserve truly covers the stables; if it does not, the audit says so.
Contagion
Three linked systems hold stables. A broken peg marks their holdings down; when losses pass a system's buffer it fails, dumps everything it held for redemption the next week, and passes a loss along its edge (the Yield Farm to the Lending Desk, the Desk to the Exchange, the Exchange back to the Farm).
The stress library
Six named scenarios, from a warm-up to an extreme storm, each a fixed script of twelve shocks, four of which (the stampede, the failed harvest, the KWONK-B crater and the blackout) appear only here. After the run the scenario's lesson is shown next to your post-mortem. Each lesson is checked against the engine by an automated test that replays a reference defense, so the lesson is what the model actually does, not a slogan. The same tests hit the engine with shocks far beyond the library and check that the books still balance every week: every change in the reserve or in the stables is posted to a journal, liabilities move only through redemptions and deposits, and no number ever turns impossible.
The post-mortem
When the run ends, the outcome is named after the mechanism that moved the peg most, read from the ledger: reflexive collateral, liquidity mismatch, unpaid holders, contagion, an audit that found a hole, or a confidence collapse. Every ending opens with one sentence saying why. If the peg came back, it also says what brought it back. Seven outcomes exist.

This game is fiction for a parody brand. Every number on this page — the peg, the reserve, the linked systems, the outcome — is invented for gameplay and is not real financial data, not a real audit, not real liquidity and not a real holder count. The outcomes you have found are stored only in this browser (localStorage); nothing is sent anywhere — there is no server behind this page and nothing is shared, published or compared with anyone else's.

Back to the landing page

The launch conversion path and the current state of the herd live there.

Back to Do Kwonkey