Wrapping

Wrapping

  1. Navigate to Wrap Page: Access the wrapping interface within the Bits Protocol.

  2. Select Wrap Option: Choose to wrap your BITS tokens.

  3. Specify Amount and Confirm: Enter the desired amount of BITS to wrap and confirm the transaction.

  4. Receive wBITS: Obtain wBITS tokens, which can now be used in DeFi applications while continuing to accrue value from the underlying staking rewards.

Wrapping enables seamless integration with external protocols, enhancing the utility of staked assets.

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