We will look at how wrapped tokens work, and whether they are a good investment. Let’s get down to business. Do wrapped tokens really get wrapped? Yes, they do. Wrapped tokens get wrapped. Digitally. This sounds very confusing so let’s look at a more detailed explanation.
Polygon is usually called the Ethereum of blockchains. And the reason why is simple. Polygon aims to make blockchain technology and decentralized apps very accessible to people. Just the way Ethereum does.
DeFi stands for Decentralized Finance. It is a financial system that allows for smooth transactions without the help of financial intermediaries like brokerages, exchanges, or banks. The Defi instead makes use of smart contracts on a blockchain.
