OK. And the circuit hasn't really changed that much. M2 never was active in your original configuration; only its D-S capacitance was being utilized. The body diode has an affect as well, but more so at higher voltages it seems. Now, you say that the M1 has a negative bias on the source. That's somewhat correct, but the more correct phrasing is that the M1 MOSFET has a positive V GS bias, which of course is what an N channel MOSFET requires to operate...as I've been saying all along. So sorry to break it to you, but technically speaking, there never was anything operating with a negative bias (V GS); the active MOSFET always is the one with a positive V GS bias. And the bias on a MOSFET is always determined by the Gate voltage relative to the Source voltage, not vice versa. There is nothing "unique" about this oscillator, but it is neat nonetheless. btw, I removed the diode from my sim, and it still oscillates as well. But now the clean sinusoid is looking more like it did before, slightly nonlinear on one excursion.
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