Questions tagged [wrapped ether]

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Andrea Andrea Tue May 14 2024 | 5 answers 892

Why use wrapped ether?

I'm curious, why should we use wrapped ether? It seems like a rather complicated concept, wrapping one cryptocurrency into another. What are the benefits of doing so? Is it simply a way to expand the use cases of ether or is there something deeper to it? Could you elaborate on the advantages of wrapped ether and how it fits into the broader cryptocurrency and finance ecosystem? I'm interested in understanding the practical applications and potential implications of this technology.

Why use wrapped ether?

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