Stable-balance bACE wrapper for DeFi
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.
You can wrap your bACE or ACE tokens using Wrap & Unwrap staking widget.
wbACE is useful across L2 and other DeFi protocols, which are based on constant balance tokens.
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.
No, staking rewards accrue to wbACE automatically.
You can unwrap your wbACE tokens using Wrap & Unwrap staking widget.