A Wrapped tokens represent a significant innovation in blockchain technology, enabling seamless integration between different Enhancing Blockchain and DeFi Integration. By converting assets from one blockchain into a token that can be used on another, wrapped tokens enhance interoperability and expand the utility of decentralized finance (DeFi) applications. This bridging technology facilitates easier asset transfers, increased liquidity, and more efficient smart contract interactions, ultimately contributing to a more interconnected and versatile DeFi landscape.
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