You are viewing a single comment's thread from:
RE: Do you know what a Wrapped Token is and what it is for? by Karupanocitizen
Unwrapping doesn't by definition imply burning, or wrapping imply by definition minting... Some wrapped tokens do it, but not all... Some wrapped tokens are preminted and limited to maximum supply of the coin that it represents... If someone tries to wrap or unwrap more than circulating supply, it will fail (and revert).