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Wrapped ETH (wETH): the myths, the facts and the reality

Wayne Jones
December 4, 2022
wrapped-eth-(weth):-the-myths,-the-facts-and-the-reality
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wETH is designed, for the most part, to function like any other wrapped token. A wrapped token is a tokenized version of the cryptocurrency on which they maintain a peg. wETH’s instances, it’s pegged to Ethereum, WBTC is pegged to Bitcoin, etc.

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