wMEMO Is Like A Magic Cookie Jar

Wonderland is the bakery, Danielle and team are the bakers.

I've seen many questions about the differences between wMEMO, MEMO, and TIME especially with the new updates for Wonderland shifting the focus from TIME to wMEMO. It can be a difficult concept to grasp. Danielle mentioned that he likes to picture the Wonderland treasury as a growing cookie that is being broken into smaller pieces every 8 hours. I like that idea, but adopted it with a slight twist in order to better provide a conceptual framework for understanding the tokenomics of these DeFi 2.0 DAO protocols including TIME Wonderland, OlympusDAO, and KlimaDAO. All wrapped staked tokens will function the same way.

FYI, as the SIZE of the wMEMO container changes, this is reflected in its market price change. The wMEMO market price is also influenced by the market price of TIME = MEMO, since wMEMO is nothing more than a container for all of the rebasing MEMO held inside.

Hopefully this conceptual framework is helpful in improving your understanding.

#wonderland #wmemo #memo #time ... https://www.youtube.com/watch?v=MaTP_PrzDuI