Binance Square

WrappedToken

611 views
2 Discussing
CANProtocol
--
What is a Wrapped Token? 🎁 Wrapped Token = tokenized version of an asset on another blockchain. Purpose: • Enable cross-chain interoperability • Allow use in DeFi protocols Example: • WBTC → Wrapped Bitcoin on Ethereum • WETH → Wrapped Ethereum ✅ Wrapped tokens unlock multichain liquidity! ❓ Have you used wrapped tokens? #WrappedToken #CrossChain #CANProtocol $OP
What is a Wrapped Token?

🎁 Wrapped Token = tokenized version of an asset on another blockchain.

Purpose:
• Enable cross-chain interoperability
• Allow use in DeFi protocols

Example:
• WBTC → Wrapped Bitcoin on Ethereum
• WETH → Wrapped Ethereum

✅ Wrapped tokens unlock multichain liquidity!
❓ Have you used wrapped tokens?
#WrappedToken #CrossChain #CANProtocol $OP
Login to explore more contents
Explore the latest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number