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This component models a very simplified diode for system-level simulations. Its characteristic current-voltage curve consists of two line segments, with slopes 1/Roff and 1/Ron, which meet at the forward voltage drop voltage Vfd. This is illustrated below.
This component does not model any breakdown characteristics or dynamic behavior such as reverse recovery. It is intended for system-level simulations where the importance of a diode's basic on-off switching behavior dominates all other behaviors.