Wrapped Tezos - collateralized/wrapped XTZ
Wrapped Tezos
collateralized/wrapped XTZ
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Hunter's comment
collateralized/wrapped XTZ, a user does not have a personal oven or vault. Anyone who holds WTZ can swap it back to XTZ at the current swap ratio. There is no slippage or loss of funds as there might be with trading through a DEX or AMM.
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