- Wrapped Bitcoin is a new innovation.
- is the Ethereum blockchain.
- decentralized finance.
Definate-
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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