What is weth? how to use
Weth is a tradable version of eth that is compatible with erc20
When you need it, you can convert ETH to WETH at a ratio of 1:1
The exchange process can be understood as you lock your eth in the smart contract and exchange it for
erc20 token standard weth
You can convert WETH to ETH when not in use
At this time, one piece of weth will be destroyed in exchange for eth.
In fact, it is like a person changing his identity in different environments
Where is weth generally used?
For example, when you want to provide liquidity for a certain token on the chain, you use weth
Another example is opensea
Open opensa and you can see when you want an NFT and bargain with others.
Weth is also used to provide quotations.