What is TIME
TIME is the algorithmic reserve currency for Wonderland, a decentralized finance (DeFi) platform on the Avalanche blockchain network. Users can stake TIME tokens to earn more TIME, or Mint TIME at a discounted rate by trading it for LP tokens or other assets. The minting action creates bonds which take roughly 15 epochs to vest, with TIME tokens vested linearly to the user over the duration of the bonding period. Each TIME token is backed by one Magic Internet Money (MIM) token, a stablecoin backed by interest bearing tokens issued through Abracadabra Protocol.