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Building Bancor Simulations in Python — A Step by Step Explainer
Learn the fundamentals of Bancor protocol simulations
Table of Contents
- Introduction
- DAO Proposal Background — TLDR
- Project Setup
- Datasets
- Simulator Architecture
- The Baseline Simulation
- The Proposal Simulation
- Summarizing the results
Introduction
At the most general level, a simulation is the imitation of a real-world process or system over time via use of a model; whereby the model represents the key characteristics or behaviors of the selected system or process, and the simulation represents the evolution of the model over time.
A simulator then, in this context, is a software that creates a virtual model —applications of which are common across industries, including in optimization tasks, safety engineering, testing, training and education, video game development, the scientific study of natural systems, and of course, in economics…