Description
Wonderland DAO, initially operating with TIME, MEMO, and wMEMO tokens, has streamlined to wMEMO as the primary and only token. TIME served as a base token that could be staked to earn MEMO, which could then be wrapped to obtain wMEMO. Post Wonderland Improvement Proposal #17, TIME and MEMO have been deprecated. Wonderland focuses on DeFi functionalities, allowing users to stake and wrap tokens, enhancing overall utility. The project is managed as a decentralized autonomous organization (DAO), where governance is based on proposals and community votes to implement changes within the ecosystem.
Wonderland DAO, initially operating with TIME, MEMO, and wMEMO tokens, has streamlined to wMEMO as the primary and only token. TIME served as a base token that could be staked to earn MEMO, which could then be wrapped to obtain wMEMO. Post Wonderland Improvement Proposal #17, TIME and MEMO have been deprecated. Wonderland focuses on DeFi functionalities, allowing users to stake and wrap tokens, enhancing overall utility. The project is managed as a decentralized autonomous organization (DAO), where governance is based on proposals and community votes to implement changes within the ecosystem.
