WETH (WETH) stands for Wrapped Ethereum, a token that represents Ethereum (ETH) on the Ethereum blockchain. It is primarily used to facilitate seamless interactions within the decentralized finance (DeFi) ecosystem.
To bridge this gap, wrapped ETH (WETH) was created. Wrapped ETH is a smart contract that lets you deposit any amount of ETH into the contract and receive the same amount in minted WETH that conforms to the ERC-20 token standard.
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Wrapped Ethereum, or WETH, is an ERC-20 token that represents Ether (ETH) within the Ethereum blockchain. It is designed to enhance the functionality of ETH by making it compatible with smart...
Wrapped Ether (WETH) is the ERC-20 compatible version of ETH that unlocks seamless DeFi trading, liquidity provision, and smart contract interactions. Learn why WETH exists, how the wrapping process works, and why it's essential for navigating decentralized exchanges and lending protocols.
Wrapped Ether (WETH) is a tokenized version of Ether (ETH) that complies with the ERC-20 standard. Unlike native ETH, which was built before the ERC-20 standard, WETH can be easily used in decentralized finance (DeFi) protocols and smart contracts.
