Wonderland
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FAQ

The elected team currently part of Wonderland, were voted in by the DAO in [WIP #6], [WIP #15] (15.1, 15.2), and [WIP #24]. These people are at present : Alice, Bamchicka, Catalyst, Deal, The Ferengi, Gin’n’Sonic, Nal X, Ruian, Smilbur, Wilson and Yaksha.

The current TC members are Alice, Bamchicka, Gin’n’Sonic, Ruian, Deal and The Ferengi. They vote on Treasury Operators proposals and pass them on to the multisig.

The current members of the multisig are Nal X, Vayu, SkyHopper, Dafacto (Head of Product at Aurora), and an anonymous, neutral, third-party signer that has been internally doxxed.

MEMO is the unwrapped version of wMEMO and the staked version of TIME. wMEMO is “wrapped MEMO”. This token represents your full, undivided share. wMEMO is multichain, available cross-chain on Ethereum and Fantom. In order to participate in Revenue Share, you are required to stake wMEMO on the “Farm” tab of the Wonderland dapp.

As rebases have ended, the final ratio is now: 1 wMEMO = 2339.3522 MEMO.

TIME and MEMO were deprecated in January 2022. Please wrap your tokens to wMEMO.

Rebases were stopped as part of [WIP #17] on the 13th of August, 2022.

You are not required to wrap your MEMO but once you do there is no way to unwrap.You will need to wrap first before utilizing your token:
  • wMEMO has the most liquidity for swapping.
  • wMEMO can be bridged cross-chain to Ethereum and Fantom.
  • You must be holding wMEMO in order to stake in the Farm for rewards.

Enter app.Wonderland.money and connect your wallet. Click the “WRAP” button in the top right corner. Input the MEMO amount you want to wrap. You will need some AVAX for transaction fees. Approve the transaction. Click again to confirm the Wrap. Import the wMEMO contract address into your wallet.

First, you will need to be holding wMEMO. Enter app.Wonderland.money and connect your wallet. Click the “Farm” tab on the left sidebar. Enter the amount of wMEMO you want to stake and click “Approve”. Then click again to “Stake”. Make sure you have a little AVAX for gas.

There are no risks of impermanent loss or liquidation from staking on the Wonderland dapp. Usual smart contract risks will apply.

You can harvest your rewards at any time. Keep in mind that AVAX is required for harvesting.

The backing price = (current value of the treasury) / (number of MEMO/wMEMO tokens in circulation).

We recommend using Kyber to swap your tokens!

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On this page
Who is currently part of the Wonderland team?
Who are on the Treasury Council and what are their tasks?
Who is on the DAO multisig?
What is the difference between MEMO and wMEMO?
What is the current ratio between MEMO and wMEMO?
What about the TIME token?
What about rebases?
Should I wrap my MEMO?
How do I wrap my MEMO?
How do I use the Farm to receive staking rewards?
Are there any risks if I stake for Revenue Share?
How often can I Harvest?
How is the Backing Price calculated?
Where can I buy/sell wMEMO?
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