Wrapped TAO went live a few weeks ago on Subtensor mainnet.
Converting native TAO into an ERC-20 token, opening the door to the entire Ethereum DeFi stack
- DEX,
- AMM liquidity provision,
- Cross chain bridging,
- Lending/borrowing
+ everything you already do with other ERC-20 assets.
The contract initializes with the name "Wrapped TAO" (WTAO), it follows the ERC-20 token standard, with a 1:1 wrap & unwrap mechanism for TAO tokens.