Mayer
January 17, 2022, 6:02pm
1
Hi everyone. I have a question about TIME / MEMO. The site has changed, the option to buy TIME no longer appears, only wMEMO. Even the calculator - though not quite accurate but fun - is gone. The TIME price is no longer displayed. Will I lose my Times? What will happen? And What I suppost to do?
Thanks!
NalX
January 17, 2022, 6:49pm
2
I suggest you listen to yesterday’s AMA. I’m sure you can find it somewhere one youtube it was a wMEMO AMA.
In short, you wont lose anything, you’ll just need to wrap and deal with wMEMO now instead of TIME.
3 Likes
Mayer
January 17, 2022, 6:55pm
3
So…withdraw what I have from TIME and staking wMEMO…right?
2 Likes
On the web site in the staking section there is a WRAP option. WRAP your TIME/MEMO and it becomes wMEMO.
1 Like
NalX
January 17, 2022, 6:56pm
5
No. Hopefully you have MEMO and not TIME. Just go to the Wonderland website and wrap it (top right).
Mayer
January 17, 2022, 6:57pm
6
Yes…I have MEMO, not Time
Mayer
January 17, 2022, 7:03pm
8
Done! Thanks for all your help
1 Like
I have some memo in staking process right now. If I buy some more wmemo, will it automatically add to my already existing balance?
Can I also still buy time token at traderjoe as it was before? I am a bit confused by all the changes.
Would appreciate some help.
1 Like
diulay
January 17, 2022, 10:28pm
10
I am new here. I had the same issue as Avantgarde83. Do I have to wrapped my MEMO? Why? What if I don’t wrap my MEMO?
After wrapping my MEMO, can I still see the “Next Reward Amount”, “Next Reward Yield”, and “ROI (5-Day Rate)” on my Time staking page?
Can someone explain this? Thanks ahead.
1 Like
NalX
January 18, 2022, 3:01am
11
You can hold then seperatly or wrap/unwrap one of the other yes.
They will both get staking rewards in their own way.
@diulay you maybe only approve and need to do again to wrap.
Mayer
January 18, 2022, 2:05pm
12
I need to understand better how it works. I did the Wrap, but after a day, my MEMO amount stayed the same. Staking doesn’t seem to have happened. With TIME, the return in units is visible. How to understand this? Any documents anyone can point to?
1 Like
I think you only see it when you unwrap again since wmemo doesn’t stake, but the value increases over time…which is basically the same.
1 Like
NalX
January 18, 2022, 2:27pm
14
Basically what @Avantgarde83 said.
Amount remains the same, but value increases. Look at the MEMO:wMEMO ration to see it increase.
2 Likes
ORGUY
January 21, 2022, 12:23am
16
read the red info at the bottom right… you need avax bro
Mayer
January 21, 2022, 12:22pm
17
you need at least 0.1 AVAX