> For the complete documentation index, see [llms.txt](https://docs.wonderland.money/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.wonderland.money/ecosystem/glossary.md). # Glossary ## APR *Annual Percentage Rate*, is the annualized interest rate without taking the effect of compounding into account. ## Backing Price The honored value of wMEMO based on its share of treasury assets. The backing price is calcuated as: *Liquid Treasury Balance / wMEMO Circulating Supply* ## DAO *Decentralized Autonomous Organization*, is a governance mechanism for making decisions in a more trustless and collaborative way. Voting rights are often bound to a governance token. In **Wonderland** the governance token is **wMEMO.** ## Treasury Operator An elected member who has experience in certain areas of investing and whose job is to propose advanced strategies to deploy the treasury and earn returns for token holders. This position was defined in [\[WIP #15\]](https://wl-l.ink/forum/WIP/15-Treasury-Operators). --- # Agent Instructions This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com. ## Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter, and the optional `goal` query parameter: ``` GET https://docs.wonderland.money/ecosystem/glossary.md?ask=&goal= ``` `ask` is the immediate question: it should be specific, self-contained, and written in natural language. `goal` is optional and describes the broader end goal you are ultimately trying to accomplish on behalf of the user. GitBook uses it to tailor the answer towards what is most useful for that goal. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.