Wonderland x Popsicle enter the TVL war!
We are thrilled to announce the first official partnership between Wonderland and Popsicle Finance!
Wonderland DAO and Popsicle Finance will start the first collaboration, in order to respond to the action of other projects, to make sure to be in the DefiLlama top 20 TVL on Fantom and to therefore participate in the upcoming ve(3;3) NFT airdrop.
Users will be able to stake their $wMEMO, $nICE and $ICE tokens on Popsicle Finance in order to reach the top 20 TVL dashboard, if and when the TVL goal will be reached, Wonderland and Popsicle will share the NFT voting power in the upcoming new project and will decide together how to use it in the best interest of the Frog Nation!
The NFT controlled 50/50 by the treasuries of the two projects will bring large benefits to the ecosystem as a whole as the emissions of the new Andre Project will be voted on using it.
Process for MEMO Holders:
1-Wrap your MEMO into wMEMO
The first step of the process is to wrap your MEMO into wMEMO. To do so, click on the wrap button in the top right corner of Wonderland website. Select the amount of MEMO you want to wrap and then click “Wrap”.
Refer to this infographic to find out more about wMEMO!
2-Bridge wMEMO to Fantom
Once you have wMEMO in your wallet, the second step of the process is to bridge your wMEMO tokens from Avalanche to Fantom Opera. To do so, use the “Bridge” page on Wonderland Website!
Make sure to select Fantom as your destination chain, as the farms will be there!
Insert the amount of wMEMO you want to bridge, approve token spending and once that transaction is confirmed, you will be able to click on the “Bridge” button. You can also find a tutorial here.
Once your transaction is confirmed, your tokens are sent to the bridge. They will be received on the same address that you have used, but on the destination chain! Please note that it might take a while for your tokens to arrive. This is completely normal.
For nICE holders
1-Bridge nICE tokens
In order to bridge your nICE tokens towards Fantom, you can follow this tutorial here.
Make sure not to stake your ICE for nICE as this will lock them for 24 hours!
For ICE holders
ICE holders
If you hold ICE tokens on FTM, you only have to stake them in the Sorbettiere contracts. If you have them on ETH or BSC you will need to bridge them towards Fantom using https://multichain.org/!
The Staking Process
Stake in the Popsicle Stand
In order to accumulate TVL, we will be using the Sorbettiere smart contracts. Sorbettiere has been audited multiple times, and it has proven to be a reliable and efficient farming contract.
You can find out how to use the Popsicle stand here. The process will be exactly the same, but the rewards will not be in $ICE tokens clearly.
How to stake on Popsicle Finance
First of all, make sure to be connected to Fantom Opera as the staking contract will be there.
To access Popsicle Stand, Select “Products” in the top part of the website:
You will be redirected to a page that will look the following:
Once loaded, Click on “Farm”.
Here you will see all the different farming opportunities on Popsicle Finance. Scroll down until you see the wMEMO, ICE and nICE pools.
Once there, you will be able to see the buttons “Stake” and “Unstake” that will allow you to deposit your tokens.
If this is your first time interacting with Sorbettiere, the button will be renamed “Approve”. Click on it to approve token spending!
Staking
After the deposit transaction is through, you will have successfully deposited your wMEMO,nICE, or ICE! Once that is done, you do not have to do anything else! To monitor your deposit, you can click on “My Positions” and see your tokens value!
Your tokens are actively participating and increasing Popsicle Finance TVL, in order to get the ve(3,3)NFT!
Wonderland and Popsicle will share the won NFT voting power 50/50 and will decide together how to use it in the best interest of the Frog Nation!
We are excited to be able to ship this experiment, and we can not wait to see where this will bring us!
