Wrap Protocol — a decentralized bridge between Ethereum and Tezos blockchains. With this protocol, users can transfer their Ethereum ERC-20 and ERC-721 tokens to the Tezos blockchain in a decentralized way.
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Description of the Wrap Protocol site
It is an open source project. Bender Labs, which specializes in creating decentralized finance protocols on public blockchains, is currently a major contributor to the coin defi project. The $ WRAP token - an economic and governance token of the Wrap Protocol. The $ WRAP token allows the Wrap user community to interact and change the protocol. Holders of $ WRAP tokens can vote on key protocol parameters and receive a share of the packing and unpacking fees.
Some features of this crypto defi platform:
| 1 | Maximum offer: $ 100,000,000. You can buy $ WRAP tokens on Quipuswap. |
| 2 | The $ WRAP token package is distributed weekly. |
| 3 | The platform has also implemented additional features to ensure that the security and privacy of their members have a strong protection. |
To be eligible for a weekly giveaway to WrapProtocol users and earn $ WRAP tokens, you must wrap one or more ERC-20 tokens in their FA2 wToken equivalents. The weekly $ WRAP token distribution is prorated to users, based on the total number of tokens they accumulate in a given week for each wToken type. $ WRAP tokens are distributed weekly and $ WRAP messages are sent after 4 weeks. $ WRAP tokens are distributed proportionally, based on the total number of tokens you wrap for each wToken type.
$ WRAP is distributed weekly to Wrap Protocol users, in the amount of $ WRAP. Rewards of $ WRAP have already been allocated to users who convert listed ERC20 tokens to wTokens (FA2). $ WRAP is paid to users on a weekly prorated basis, based on how much wToken they pack, compared to other users.
Coin exchange on social media
The site runs in English. The main page has different sections: "Tokens", "NFTs", "My history", "Farming" and more. There is an introductory document with which you can study the project in more detail. From social networks, the community leads:
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