What is wrapping ETH to cbETH?
Could you please elaborate on the process of wrapping ETH to cbETH? I'm curious to understand the technicalities behind this operation. Is it a simple conversion or does it involve more complex steps? What are the benefits of wrapping ETH in this manner? Is there any risk associated with this process? Additionally, how does this affect the liquidity and usability of the wrapped asset? I would appreciate a detailed explanation of the mechanics and implications of wrapping ETH to cbETH.