What Is Wrapped Bitcoin?

What Is Wrapped Bitcoin?

         Wrapped Bitcoin is a  new concept, but 1 that could proves the important to a bringing the liquidity to a DeFi.

How Do WBTC Tokens Work? 

  •  use DeFi applications.
  • Find problem!
  • Is to cryptocurrency bridge connecting the Bitcoin and Ethereum.
  • WBTC is an ERC-20 token = backed  1:1 basis with Bitcoin.
  • When Bitcoin is wrapped, then cryptocurrency is   reserve by a BitGo Trust.

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