Wonderland is a decentralized autonomous organization controlled by its governance token. So what is wrapped memo token contract address and what is wMEMO wonderland. Let’s find out by reading the article below.
What is wrapped memo token contract address?
The contract address for wrapped memo is 0x3b79a28264fC52c7b4CEA90558AA0B162f7Faf57 with the decimal of 18. Max total supply is 39.467604123527904204 and number of holders 242 according to the Etherscan.
What is wMEMO Wonderland?
wMEMO is a packaged version of MEMO. Users can wrap their MEMO into wMEMO and receive their rebase as an increase in the value of wMEMO rather than an increase in the amount of MEMO. wMEMO holders can participate in Wonderland DAO governance. Active participants can comment and vote on capital allocations and Wonderland improvement proposals.
I hope this article will help you to learn what is wrapped memo token contract address and what is wMEMO wonderland. wMEMO can be used as collateral for Abracadabra or bridged to other chains.
