Wrap & Unwrap

Stable-balance bACE wrapper for DeFi

Exchange rate1 bACE = 1.0000 wbACE
Allowance-
You will receive0 wbACE

FAQ

What is wbACE?

wbACE (wrapped bACE) is a non-rebasing version of bACE, wbACE's price denominated in bACE changes instead. The wbACE balance can only be changed upon transfers, minting, and burning. At any given time, anyone holding wbACE can convert any amount of it to bACE at a fixed rate, and vice versa. Normally, the rate gets updated once a day, when bACE undergoes a rebase.

How can I get wbACE?

You can wrap your bACE or ACE tokens using Wrap & Unwrap staking widget.

How can I use wbACE?

wbACE is useful across L2 and other DeFi protocols, which are based on constant balance tokens.

Do I get my staking rewards if I wrap bACE to wbACE?

Yes, wrapped bACE gets staking rewards at the same rate as regular bACE. When you keep your bACE in a wrapper you cannot see your daily staking rewards. However, when you unwrap your wbACE your new bACE balance will have increased relative to pre-wrapped amount to reflect your received rewards.

Do I need to claim my staking rewards if I wrap bACE to wbACE?

No, staking rewards accrue to wbACE automatically.

How could I unwrap wbACE back to bACE?

You can unwrap your wbACE tokens using Wrap & Unwrap staking widget.

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