As you may know, Wonderland has been through a lot of turmoil as the identity of Sifu, Wonderland’s treasury manager, was revealed. Sifu’s poor reputation caused distrust in the Wonderland project. This resulted in massive sell pressure and the price of wMEMO tanked below the treasury’s backing price.
To help make amends, Wonderland offered a proposal for a RageQuit option as an exit strategy for investors to cash out at the treasury’s back price. To understand the details of Wonderland, its ragequit option and how they can affect you, read this Medium article on the ragequit here.