| Founded | 2021 |
|---|---|
| Closed | 2022 |
| Country | Canada |
| Sector | Web3 |
| Total raised | $0 (DeFi protocol) |
| Collapse type | Fraud Explosion |
| Founder | Daniele Sesta (0xSifu = Michael Patryn, treasury) |
Wonderland (TIME)
"The $1.7B DeFi DAO whose treasury manager was revealed to be the co-founder of the collapsed QuadrigaCX exchange"
Sudden collapse triggered by fraud exposure
Key Events Timeline
Wonderland was a decentralized autonomous organization (DAO) built by Daniele Sesta on the Avalanche blockchain, using an Olympus DAO fork to offer unsustainable yields on the TIME token.
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