Wrap Protocol

Wrap is a decentralized bridge between Ethereum and Tezos. Through Wrap, users can transfer their Ethereum ERC20 and ERC721 tokens to the Tezos blockchain in a decentralized way. Through Wrap, users issue wTokens (wrapped tokens) which are representations of ERC20 and ERC721 tokens on the Tezos blockchain. wTokens can then be used on the Tezos blockchain, and their value is pegged to the original tokens. Wrap is a decentralized protocol, relying on a strong federation (the Signers Quorum) that guarantees the stability of the protocol, and a community of $WRAP governance token holders.