Wonderland: wMEMO near backing price and TIME as a play on ve(3,3) pivot
Thread55 words
Notes wMEMO trading close to its backing price, making TIME interesting ahead of the move from the OHM model to a SPAC-like structure with ve(3,3). Frames Wonderland as a hedge fund for the Frog Nation.
Key claims
wMEMO trades close to its backing price
Wonderland is transitioning from the OHM model to a SPAC with ve(3,3)
$wMEMO trading really close to its backing price now
$TIME could be an interesting play at this price
Especially with the upcoming transition from $OHM model to a SPAC with ve(3,3) mechanics
@Wonderland_fi will basically become the #FrogNation hedge fund
$AVAX $FTM $MIM
$vewMEMO could have interesting utility within the @Wonderland_fi DAO, such as
x.com/thedefiedge/status/1483234337474678787?s=20
1 image on X
What came next · since 20 Jan 2022
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This market take reads the setup without making a call on the token, so price moves since publication are shown as market context.
Mentioned for context
No reliable price feed for $WMEMO, $TIME.
Since then
Zero has written 1 more piece on $TIME since this one.
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