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Sergei Kaner pfp
Sergei Kaner
@kanerser
What I really want to dig into is all these Warpped entities that are flooding all chains. E.g. how this WBTC things work within some L2 ETH chain, what an asset you get when buying such a wrap. Aspecially when the talk is about BTC as a fundamental currency of another chain. MEanwhile, more and more announcements like Coinbase launching own wrapped BTC option and so on, as like Aave Community Votes on cbBTC Introduction The Aave community has initiated a vote to introduce cbBTC to Ethereum mainnet and Base chain Aave v3, with voting set to conclude on September 19, as reported by Snapshot governance page on September 16. I will try to have a comprehensive explanation and put it here about all wrapped versions and it's utility. Cause again: a wrap of a wrap then staked somewhere and got some another token as staked proof - then used again as an asset - I will draw this pyramid of smartcontracts to illustrate it :)
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