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How long can TIME wonderland last?

With the amount of Time Wonderland tokens out there, the treasury has enough to back up every token at a price of over 2 000 usd. And it has enough money to maintain this apy for the next 421 days. So the treasury balance should give you some peace of mind that Time Wonderland is actually backed by physical money.

Likewise, What is TIME wonderland coin?

Wonderland (TIME) is a popular fork of Olympus that operates on the network of Avalanche. The platform claims to be the first decentralized reserve currency protocol. The native token of Wonderland is TIME. Wonderland (TIME) aims to develop a policy-controlled currency system on the Avalanche (AVAX) network.

As well, How do I buy crypto TIME wonderland? How to purchase TIME using a decentralized exchange.

  1. Find TIME on a decentralized exchange and make sure Wonderland can be traded for AVAX which is the native asset of Avalanche. …
  2. Buy AVAX to trade for TIME using an exchange like Crypto.com. …
  3. Transfer the AVAX into a web 3.0 wallet like MetaMask to connect to the DEX.

What is TIME crypto? TIME token The TIME token is the native token of the Chrono. tech ecosystem and can be used within its products, e.g. to secure premium account status, as well as staking TIME on TimeWarp. finance to receive the revenues generated by all services.

Moreover Who created Wonderland crypto? Daniele Sestagalli plans to return to DeFi with a focus on “leveraged stablecoin yield farming.” He promised a “new era” in stablecoin yield farming, with leverage of up to 40x. The developer has been criticized for trusting ex-convict Michael Patryn with Wonderland’s finances.

How much is Wonderland coin worth?

TIME Price Statistics

Wonderland Price $91.10
24h Low / 24h High $90.23 / $97.56
Trading Volume24h $661,517.84 3.14%
Volume / Market Cap 0.1297
Market Dominance 0.00%

Has Wonderland been audited?

Is Wonderland Audited? Wonderland is currently unaudited! It is a fork of Olympus DAO on the avalanche Network, audits will occur at a later stage.

How do I get wonderland tokens?

Go to CoinMarketCap and search for Wonderland. Tap on the button labeled “Market” near the price chart. In this view, you will see a complete list of places you can purchase Wonderland as well as the currencies you can use to obtain it.

What is Wonderland staking?

Staking involves locking TIME tokens within the Wonderland protocol. In return for locking away liquidity and, therefore, again boosting the protocol’s treasury, investors can earn a compounding return on investments.

What is Avalanche coin?

Avalanche is a blockchain that promises to combine scaling capabilities and quick confirmation times through its Avalanche Consensus Protocol. It can process 4,500 TPS (transactions per second). For Ethereum, that number is 14 TPS.

Where can I buy Chrono Tech?

How to buy Chrono. tech

  • Download Coinbase Wallet. A self-custody wallet like Coinbase Wallet is required to purchase Chrono. …
  • Choose a Coinbase Wallet username. …
  • Securely store your recovery phrase. …
  • Understand and plan for Ethereum network fees. …
  • Buy and transfer ETH to Coinbase Wallet. …
  • Use your ETH to buy Chrono.

How do I get AVAX coins?

How to Buy AVAX

  1. Open an online account. You’ll need to make an online account with a crypto brokerage that supports AVAX in order to purchase the token. …
  2. Buy a wallet (optional). Cryptocurrency wallets allow you to store your crypto assets safely. …
  3. Make your purchase.

Who is Daniele crypto?

Here’s the elevator breakdown: Dani Sesta, full name Daniele Sestagalli, is the founder of several popular DeFi protocols, including the popular Olympus DAO fork Wonderland (TIME).

How do I buy crypto time wonderland?

How to purchase TIME using a decentralized exchange.

  1. Find TIME on a decentralized exchange and make sure Wonderland can be traded for AVAX which is the native asset of Avalanche. …
  2. Buy AVAX to trade for TIME using an exchange like Crypto.com. …
  3. Transfer the AVAX into a web 3.0 wallet like MetaMask to connect to the DEX.

How do I invest in crypto Wonderland?

How to buy Wonderland

  1. Check CoinMarketCap to see where you can buy Wonderland and with which currencies. For each cryptocurrency, CoinMarketCap provides a list of purchasing options (also known as market pairs). …
  2. Pick a platform to make your purchase. …
  3. Make the purchase on your chosen platform.

What is time crypto?

TIME token The TIME token is the native token of the Chrono. tech ecosystem and can be used within its products, e.g. to secure premium account status, as well as staking TIME on TimeWarp. finance to receive the revenues generated by all services.

Where can I buy Wonderland TIME crypto?

Go to CoinMarketCap and search for Wonderland. Tap on the button labeled “Market” near the price chart. In this view, you will see a complete list of places you can purchase Wonderland as well as the currencies you can use to obtain it.

What is rebase in Wonderland?

The rebase rewards come from the proceed from bond sales, and can vary based on the number of TIME staked in the protocol and the reward rate set by monetary policy. Staking is a passive, long-term strategy. The increase in your stake of TIME translates into a constantly falling cost basis converging on zero.

How does Wonderland APY work?

Staking allows you to earn TIME passively via auto-compounding. By staking your TIME with Wonderland, you receive MEMOries (staked TIME) in return at a 1:1 ratio. After that, your MEMOries balance will increase automatically on every epoch (8 hours) based on the current APY.

How do I withdraw money from Wonderland?

Does staking TIME wonderland work?

Staking allows you to earn TIME passively via auto-compounding. By staking your TIME with Wonderland, you receive MEMOries (staked TIME) in return at a 1:1 ratio. After that, your MEMOries balance will increase automatically on every epoch (8 hours) based on the current APY.

Is Avalanche better than Ethereum?

Avalanche claims a faster transaction processing time—4,500 transactions per second versus Ethereum’s limit of 15. 62 The parallel nature of Avalanche’s consensus protocol is what enables the Avalanche network to validate transactions significantly faster than Ethereum.

Who started Avalanche Crypto?

Avalanche (blockchain platform)

Avalanche
Original author(s) Emin Gün Sirer, Kevin Sekniqi, Maofan “Ted” Yin
White paper https://www.avalabs.org/whitepapers
Initial release September 2020
Code repository https://github.com/ava-labs/

Is Avalanche an Ethereum?

Considered by many as an Ethereum competitor, Avalanche also trumps Ethereum in terms of gas fees. Fees on Avalanche are more affordable than Ethereum by a wide margin.

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