Ethereum

WrapCoin Version 2 is officially live, and the entire process has been successfully executed. WrapCoin represents a groundbreaking innovation on the level of Bitcoin. It is an on-chain native protocol that does not depend on any front-end and is a fully decentralized economic system.

Here are some strategies and tips I've come up with based on my limited understanding. I look forward to more experts joining us to explore even more interesting and creative ways to use the WrapCoin protocol.

Diamond Strategies:
Choose already deployed domain names in the market to mint, focusing on premium identifiers like four-digit numbers, celebrity names, or notable project names (similar to how ENS domains are valued). Once the price increases, sell them at a premium and become a savvy trader.

If you miss out on high-value names, don't worry. WrapCoin, based on the new ERC7527 standard, offers absolute liquidity and strong price support, ensuring you have an exit channel at any time.

OG Strategies:
Take a laid-back approach and mint a domain with your own name, for example, michael.wrap. Customize it with an NFT avatar and bind it to your ERC6551 to create a personal on-chain DID identity. With CCTP protocol support, this identity can be reused across all EVM-compatible chains and layer2 solutions.

You can also stake your domains to mine additional $WRAP tokens.