Free money printing or Ponzi Scheme — Decoding Wonderland Money
Disclaimer: this is not financial advice and only represents my personal opinions.
This article was first published on Nov 15th 2021. It was then updated in some details on Nov 16th 2021 after hearing the AMA with Daniele, creator of Wonderland Money.
TLDR at the end.
The first time I went to Wonderland Money’s website, I thought the APY I saw was 50%. A new defi project, seemed lovely. Later I saw a Youtube video talking about it, saying about 50k% APY bla bla bla. I…