WAGMI-EuphoriaDetailed Description

WAGMI-Euphoria Detailed Description

Euphoria is an algorithmic reserve currency protocol based on the WAGMI token on Harmony. Each WAGMI token is backed by a basket of assets held in Euphoria's treasury (e.g. DAI, UST, WAGMI-DAI LP token, WAGMI-UST LP token, etc.), giving it an intrinsic value that cannot be lowered. Similar to Wonderland and Olympus, Euphoria also introduces economic and game-theoretic dynamics to the market through staking and bond purchases.