Ckisa
@ckisa
What is a Wrapped Token? A Wrapped Token is a token that wraps an existing token, allowing it to be traded on platforms that don't support the original token. This is achieved through a 1:1 pegged token, where one wrapped token is equal in value to one original token. This solution helps to increase the liquidity and flexibility of a token, making it easier to use in various DeFi applications.
0 reply
0 recast
0 reaction