Wrapped Ether (WETH)

A tokenized version of Ether (ETH) pegged to the value of the original cryptocurrency and which can be redeemed for ETH at any time.

Wrapped Ether solves the issue of interoperability by creating a mirror image of Ether which can be used on decentralized applications and other blockchains.

WETH maintains a 1:1 ratio to ETH and can be exchanged back to normal ether when needed. A version of wrapped ether (but not ether itself) exists on every major blockchain

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