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How long does Wonderland APY 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.

Similarly, How do you buy crypto TIME? You cannot purchase TIME directly, so you need to have another currency to swap for TIME. The easiest cryptocurrency to use is AVAX, as you’ll be using the Avalanche Blockchain to trade your tokens for Wonderland (TIME).

Then, Is Wonderland 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.

And Will Wonderland TIME go up? Based on the analysis of historical data, DigitalCoin expected the TIME price to average $138 in 2022, $154 in 2023 and $202 in 2025. By 2030, the cryptocurrency could be priced at $487. Price Prediction’s long-term Wonderland TIME crypto price prediction had the coin averaging $289 in 2022 and $854 in 2025.

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.

Where can I buy Wonderland TIME crypto?

How to purchase TIME using a decentralized exchange.

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

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 AVAX coin?

Avalanche (AVAX) is a cryptocurrency and blockchain platform that rivals Ethereum. AVAX is the native token of the Avalanche blockchain, which—like Ethereum—uses smart contracts to support a variety of blockchain projects. 1. The Avalanche blockchain can provide near-instant transaction finality.

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 work Crypto?

Wonderland is the first decentralized cross-chain reserve currency protocol on the TIME token. Each TIME token is backed by a basket of assets (e.g., MIM, TIME-AVAX LP Tokens etc etc) in the Wonderland treasury, giving it an intrinsic value that it cannot fall below.

How do you audit crypto currency?

In auditing cryptocurrency transactions, auditors will need to examine evidence verifying ownership of the private key and evidence of the appropriate party to record the transactions. A sample of transactions in the wallet should be vouched back to supporting documents.

Why is Wonderland crypto dropping?

The Market Correction Hits

Despite the theory that cryptocurrency should be a non-correlated asset, Bitcoin and the majority of crypto projects also saw major drops in prices. This caused Wonderland’s coins ($TIME & wMEMO) to drop in prices rapidly, causing the price to drop by 95% from its all-time high.

What is Wonderland token?

What is Wonderland? Wonderland is the first decentralized cross-chain reserve currency protocol on the TIME token. Each TIME token is backed by a basket of assets (e.g., MIM, TIME-AVAX LP Tokens etc etc) in the Wonderland treasury, giving it an intrinsic value that it cannot fall below.

What is the price of Wonderland time?

TIME Price Statistics

Wonderland Price $86.55
24h Low / 24h High $80.46 / $89.47
Trading Volume24h $998,667.26 56.21%
Volume / Market Cap 0.2061
Market Dominance 0.00%

How do I buy Wonderland time from Coinbase?

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. Under “Pairs” you’ll see the shorthand for Wonderland, TIME, plus a second currency.

How do I get AVAX crypto?

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.

Is Wonderland crypto real?

Wonderland is a decentralised reserve currency protocol, and one of the first Olympus forks on the Avalanche blockchain network. Its TIME cryptocurrency token is backed by a treasury of liquidity tokens, including magic internet money (MIM). The MIM token is native to the Ethereum blockchain and bridged to Avalanche.

Who created Wonderland crypto?

Wonderland Treasury Manager Outed as QuadrigaCX Co-Founder

0xSifu, the pseudonymous treasury manager of the troubled Avalanche-based protocol Wonderland Money, has been identified as Michael Patryn, a former convict and co-founder of the collapsed cryptocurrency exchange QuadrigaCX.

What is Bitcoin staking?

Crypto staking is the process of locking up crypto holdings in order to obtain rewards or earn interest. Cryptocurrencies are built with blockchain technology, in which crypto transactions are verified, and the resulting data is stored on the blockchain.

Is AVAX coin a good investment?

Is AVAX coin a good investment? AVAX surged over 107% from about $36 on 22 February 2021 to over $75 on 21 February 2022. Whether the coin is a good fit for your investment portfolio depends on your circumstances and risk tolerance.

Is AVAX better than Ethereum?

AVAX is the main utility token for the Avalanche ecosystem. This flexible token can be used to pay fees, send value globally in a frictionless manner, and collateralize new assets and blockchain. Avax features superior scalability when compared to ETH. The token can also be staked to secure low-risk rewards.

Who is behind AVAX?

Who is behind Avalanche (AVAX)? The three people behind Avalanche are Kevin Sekniqi, Maofan “Ted” Yin and Emin Gün Sirer. A pseudonymous group called Team Rocket first released fundamental information about the protocol in May 2018 on the InterPlanetary File System.

What is TVL Wonderland?

TVL. Total Value Locked, is the dollar amount of all TIME staked in the protocol.

What does staking mean in crypto?

Staking offers crypto holders a way of putting their digital assets to work and earning passive income without needing to sell them. You can think of staking as the crypto equivalent of putting money in a high-yield savings account.

What do you think?

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