From the memoir of an ape series: I am going to drop some alpha that I stumbled across lurking in the annals of Qi Capital Discord.
TL;DR: >34,000% APY at wonderland.money
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TL;DR: >34,000% APY at wonderland.money
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I am sure a lot of you are familiar with $OHM that currently yields > 7,000% APY. Admittedly, initially I was reluctant to jump into $OHM, as things that look too good to be truth, well, they usually are. But $OHM is built different, it is brilliant design.
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Now, there is another kid on the block - wonderland.money - that is a fork of @OlympusDAO and it is the first decentralized reserve currency protocol available on the Avalanche Network based on the $TIME token.
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The wonderland team seems to be somehow associated with @OlympusDAO from what I understand, so it may not be a rug
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https://twitter.com/danielesesta/status/1441399440678346760?s=20
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At the time of this writing you can claim a whopping 34,700% APY on your TIME staking, so the system is currently optimized for the wealth creation. The current TVL is ~155 mil, so it is a baby.
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Here is a good part - tx costs in Avalanche are approx. 10% of the cost to operate at #Ethereumβs mainnet, so you can experiment with smaller amounts. DYOR of course, I have aped a small amount and will report back the results in the due time.
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The path I followed in order to ape was:
1. I bought some $AVAX on a CEX and sent it to my wallet
2. On traderjoexyz.com I swapped $AVAX for $TIME
3. On app.wonderland.money/#/stake I staked $TIME.
Good luck and let me know how that goes for you.
/fin
1. I bought some $AVAX on a CEX and sent it to my wallet
2. On traderjoexyz.com I swapped $AVAX for $TIME
3. On app.wonderland.money/#/stake I staked $TIME.
Good luck and let me know how that goes for you.
/fin
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