How This Magic Works
The DeFi Compatibility Problem (And How We Solved It)
Here's the deal: most DeFi protocols are built for ERC-20 tokens with constant balances. Native rebasing tokens? They're like trying to fit a square peg in a round hole. Just like Lido discovered with stETH, "some DeFi protocols - e.g. Uniswap - require a constant balance mechanism for tokens."
wnAPE fixes this fundamental incompatibility by:
Constant Balance Design: Your wnAPE balance stays fixed while yield accumulates in the exchange rate
Universal Protocol Support: Works with ANY ERC-20 compatible protocol out of the box
No Special Integration Required: Protocols don't need custom code to support wnAPE
The Omnichain Revolution
Forget bridging headaches and wrapped token confusion. wnAPE uses LayerZero's OFT (Omni Fungible Token) standard, making it:
Natively multichain across 50+ supported networks
Same token everywhere - no bridge risks or liquidity fragmentation
Seamless transfers between chains with unified liquidity
Future-proof as new chains get added to LayerZero
This isn't just another bridge - it's true omnichain presence.
When you wrap your APE, here's what happens behind the scenes:
You send your precious APE to our smart contract
The contract does some fancy math to figure out how much wnAPE you get
Fresh wnAPE tokens get minted straight to your wallet
Your APE joins the yield-generating pool (and continues making you money)
Unwrapping (Getting Your APE Back)
When you want to unwrap:
You burn your wnAPE tokens (RIP)
The contract calculates your fair share of the APE pool
Native APE gets sent to your wallet
You get your share of any accumulated yield (ka-ching!)
The Yield Game
Here's where it gets spicy. wnAPE doesn't just sit there looking pretty:
The contract automatically gets ApeChain's native yield
This yield builds up in the APE pool
ALL wnAPE holders benefit proportionally
You literally do nothing and earn money (we love DeFi)
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