wonderland time

TIME is a cryptocurrency that was released by the Wonderland platform, the first DeFi reserve currency protocol on the Avalanche network. Wonderland is a fork of

OlympusDAO, which is a popular platform on the Ethereum blockchain. The two platforms act independently from each other, though, as Wonderland is not supported by OlympusDAO.

Wonderland tries to modify the definition of stablecoin introducing a new notion into it. Thus, non-pegged TIME tokens are supported by a bunch of assets that enter the Wonderland treasury. The token holders can also resort to staking and bonding to get revenue from the project.

The main objective of the project is to create a cryptocurrency-backed stablecoin that is protected by its own treasury. The token is designed for an environment where the cryptocurrency industry doesn’t rely on fiat currencies to drive growth.