Wrapped Ethereum is now available on Tezos.
The cryptocurrency space just became a little bit more interconnected after developers created a cross-chain bridge between the Ethereum and Tezos blockchains. Following the launch of the WRAP Protocol, created by Bender Labs, Ethereum-based ERC-20 and ERC-721 tokens can be made Tezos-compatible, allowing ETH holders to interact with the Tezos ecosystem.Token wrapping has become a common way of connecting the users of disparate blockchain platforms, and is perhaps best exemplified by Wrapped Bitcoin (WBTC), which is an ERC-20 version of Bitcoin (BTC) running on Ethereum.The WRAP Protocol wraps Ethereum-based tokens in the Tezos’ FA2 token standard, meaning they can be used as 1:1 representations without technical difficulties or price differences. Like Ethereum, Tezos has its own decentralized finance ecosystem. Unlike Ethereum, which will have to wait around a year before it s
Źródło: https://cointelegraph.com/news/ethereum-and-tezos-connected-via-blockchain-bridge
