What is wrapped HBAR?

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First, there's HBAR

HBAR is the native currency built on Hedera Hashgraph, a network mined by corporations like IBM, Google and Boeing.

Second, there are ERC-20 tokens

ERC-20 is a standard developed after the release of ETH that defines how tokens are transferred and exchanged.

Finally, then you can access interest earning protocols  

The Ethereum network has seen an increase in both decentralized finance (DeFi) applications and lending protocols.

Why would I do that?

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HBAR doesn’t work on Ethereum

You can’t access DeFi applications on Ethereum using HBAR, because it’s on another network. Usually you have to trade your HBAR to ETH/BTC or other coin which can be a taxable event.

Wrapping your HBAR brings its value to Ethereum

You want to use hbar on Ethereum to unlock the next wave of financial applications. Without wHBAR you have to trade out to other tokens and pay large fees with centralized exchanges.

Do I need wrapping paper?

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So actually... you're not really wrapping anything

When you "wrap" HBAR, you are actually projecting your deposit to a smart contract for an equal token called wHBAR. 
If you want to get plain HBAR back you need to "unwrap" or burn it. AKA transfer it back for plain HBAR. 1 wHBAR will always represent 1 HBAR.

Where can I get it?

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Make it or Trade it

You can get it by wrapping HBAR on Hedera through our portal or trading it on Ethereum in a DEX.
We see blockchain networks connecting in more ways than ever and create an internet of blockchains. 
The wrapping station is currently available on testnet
Open Portal

I got wHBAR... What now?

You can put your tokens to work on these pioneering platforms!

UniSwap

We'll be maintaining liquidity to make sure you can access wHBAR directly on Ethereum!

Staked

Staked operates non-custodial staking and trustless lending infrastructure enabling investors to earn a yield on the widest variety of crypto assets.

Hedera Hashgraph

Learn more about the corporate network we're connecting to decentralized finance.

Gitcoin

Gitcoin is a community of amazing open source developers working remotely to build in Web3.

Dharma

Dharma is the easiest, most secure way to invest + manage your money in DeFi.

Access Hedera Hashgraph

Have a dapp that could use Wrapped HBAR?  Reach out!

Request

Request is the open network for transaction requests.

Leverj

Leverj is a decentralized cryptocurrency derivatives trading platform.

Eager to learn more?

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