 Wright–Fisher binomial sampling chain

An urn with $j$ red balls among $n$ is sampled independently $n$ times with replacement, and the next generation's red count is the number of red draws. Its proportion is a bounded discrete-time martingale. Accelerating generation time by $n$ gives a Wright–Fisher diffusion limit: the one-step variance of the proportion is $x(1-x)/n$, and the higher moments make Taylor remainders negligible.