A wrapped crypto token is a converted version of a cryptocurrency or asset that functions on a network other than the original asset’s blockchain. Each wrapped token has the same value as the asset it represents and is easily interchangeable.
Wrapped Coins essentially represent crypto assets on non-native blockchains. These coins are “wrapped” because they are inserted into a wrapper or digital vault that allows the wrapped version to operate on a different blockchain.
1 wYerbas = 1 YERB