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
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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
Sorry I can’t help but I’d also like to know the answer to this
be careful, the creator of wrapped algo can seize your funds and freeze account
See below guys
https://community.algorand.org/blog/walgo-securely-unlocking-the-power-of-defi/