memo price wonderland | BTCC Knowledge

#pump token price analysis #bitcoin #buildon coin

What is time & how does it work on Wonderland?

TIME – As I mentioned above TIME is the native token on Wonderland. It is a reserve back currency meaning that each TIME is backed by a basket of assets in the Wonderland treasury. So as we all like to say to no-coiners: “The dollar is not backed by anything”, TIME has reserves in the protocols treasury to give TIME an underlying value.

Is Wonderland a high emission farm?

At the time of writing the current APY for staking TIME on Wonderland is 38,834%… so you can see why some 100 IQ users would think that this could just be another high emission farm that couldn’t sustain price and yield for those that entered. Shortfalls of regular DeFi products: The carrot and the stick.

Should you invest in Wonderland?

If they continue to buy and stake time or even mint it for that matter, Wonderland its users will benefit massively. You can also do a little bit of snooping using DeBank and search for Wonderland in the search bar. This will bring up the top portfolios that are holding TIME and you can also have a look at their strategy.

What is minting in Wonderland?

Minting is where the Wonderland protocol allows users to Mint discounted TIME in return for their assets. In effect, users are selling their assets to get cheaper TIME. Users can now mint TIME with TIME-MIM LP, TIME-AVAX LP, MIM and wAVAX.