How does Olympus coin work?

Staking OHM tokens works in a straightforward way. You either buy OHM on the market or bond your liquidity (see the following section) in exchange for OHM. Then you use the Olympus app to stake your OHM in return for rewards, in the form of more OHM, which the treasury derives from bonding sales.

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What is Olympus coin?

Olympus is an algorithmic currency protocol with the goal of becoming a stable crypto-native currency . Though sometimes called an algorithmic stablecoin, Olympus is more akin to a central bank since it uses reserve assets like DAI to manage its price.

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What is Wonderland in crypto?

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.

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What is Wonderland TIME coin?

​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.

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