Wonderland

Dear Frogs,

With the help of the frogs community Defi Edge and others please read a new proposal. Wonderland with the current structure model was able to attract 1 billion $ of treasury funds and to earn 1 million $ per day for the treasury growth.

Moving to a revenue sharing model will let all holders benefit from the treasury. But due to the utility of wMEMO to be able to use as collateral, has caused multiple liquidation cascades, if wales dump wMEMO. The problem with the rebase model has obviously failed, additionally to the liquidation cascades.

Every user could have jump into MEMO right before the rebase and sell the tokens immediately, which has caused a depreciation of the price of wMEMO The possible solution could be moving from rebase model to revenue share. wMEMO won’t be used as collateral anymore.

There is no other protocol in this space available yet, with the utility to have a fund with a revenue sharing model. There is no other project out there which could compete with Wonderland, if we bring it to the right track again. The treasury is healthy and ready for a new CFO to take over. The community will vote for the next best CFO. Improve the treasury to make it more efficient. It is earning about 1 million $ per day at the moment. It will earn much more for us holders if we let it continue to work for us.

Please take a snapshot of the time/wmemo holders before the Sifu news and Daniele wallets were liquidated. Wallets bought time/wmemo after the liquidation cannot vote. Lock the treasury fund until a new team takes full responsibility for the frog nation.

Maybe Wonderland could have access to abracadabra funds to create the biggest defi fund on this planet.

Alone we are strong together we are stronger!