r/algorand•
this_won

Understanding "wrapped" algo

I saw that there's something called "Wrapped" Algo on Tinyman. What's the point of "wrapping" Algo? And why does it trade at a discount?

Posted Oct 29, 2021, 4:28 PM UTC

93
BellybuttonFuzzer•

Sorry I can’t help but I’d also like to know the answer to this

2
xCalifornia•

be careful, the creator of wrapped algo can seize your funds and freeze account

https://tinychart.org/asset/320259224

1