Wrapped Zero [wZER] Article Summaries:
Wrapped Zero (wZER) Wrap-Up: 9th May, 2021
Wrapped Zero (wZER) is a cryptocurrency that is available on the Binance Smart Chain (BSC) and PancakeSwap. In April, wZER was airdropped to users who provided wZER/USDT liquidity on PancakeSwap. The wZER/USDT pair on PancakeSwap saw a significant amount of trading activity in April, with an average of 4,972 wZER bought or sold per day. The average daily wZER price in USDT also increased over the course of April. It is possible to convert wZER into ZER and ZER into wZER using the wrapping.services gateway, and it is also possible to move USDT between the BSC and ZER exchanges using the Binance Bridge or other methods. The ZER team is reportedly discussing future airdrops for ZER/USDT liquidity providers and staking options for ZER holders.
ZER is now available on the Binance Smart Chain & PancakeSwap
Wrapped Zero (wZER) is a version of the Zero (ZER) cryptocurrency that is available on the Binance Smart Chain (BSC) and can be traded on PancakeSwap, a decentralized exchange for BEP20 tokens on the BSC. wZER on the BSC is designed to provide a fast and affordable decentralized exchange (DEX) trading experience, with a high-performance matching engine and front-running protection. In April, wZER will be airdropped to users who provide liquidity for the wZER/USDT pair on PancakeSwap. The BSC is an Ethereum clone that aims to provide an alternative to Ethereum with lower fees and faster transactions. PancakeSwap is a popular decentralized exchange that uses an automated market maker (AMM) model and has become the second largest decentralized finance (DeFi) platform by total value locked. By making wZER available on the BSC and PancakeSwap, Zero aims to expand its trading pairs, lower fees and faster transaction times for wZER, enable users to store wZER with other coins in their choice of wallets, and allow Zero to expand its DeFi offerings. ZER holders will also be able to earn passive income by contributing to a wZER pool on PancakeSwap.
