{% hint style="info" %} TRC21 wrapped BTC smart contract address
0xAE44807D8A9CE4B30146437474Ed6fAAAFa1B809 {% endhint %}
{% hint style="info" %} BTC Locked Address
3EdXXjt9LZw6ZrURGKGZzgXDyhCEggUFcG {% endhint %}
{% hint style="info" %} TRC21 wrapped ETH smart contract address
0x2EAA73Bd0db20c64f53fEbeA7b5F5E5Bccc7fb8b {% endhint %}
{% hint style="info" %} ETH Locked Address
0x36f4b7a8d3d9975ae4c00ad1b699cb0f6dc20939 {% endhint %}
{% hint style="info" %} TRC21 wrapped USDT smart contract address
0x381B31409e4D220919B2cFF012ED94d70135A59e {% endhint %}
{% hint style="info" %} USDT Locked Address
0x36f4b7a8d3d9975ae4c00ad1b699cb0f6dc20939 {% endhint %}
{% hint style="info" %} TRC21 wrapped YFI smart contract address
0xe189a56891f6Ca22797878E34992395a4AFBde46 {% endhint %}
{% hint style="info" %} YFI Locked Address
0x36f4B7A8D3d9975AE4c00aD1b699cB0f6Dc20939 {% endhint %}
{% hint style="info" %} TRC21 wrapped SRM smart contract address
0xc01643aC912B6a8ffC50CF8c1390934A6142bc91 {% endhint %}
{% hint style="info" %} SRM Locked Address
0x36f4B7A8D3d9975AE4c00aD1b699cB0f6Dc20939 {% endhint %}
{% hint style="info" %} TRC21 wrapped FTT smart contract address
0x33fa3c0c714638f12339F85dae89c42042a2D9Af {% endhint %}
{% hint style="info" %} FTT Locked Address
0x36f4B7A8D3d9975AE4c00aD1b699cB0f6Dc20939 {% endhint %}
{% hint style="info" %} TRC21 wrapped DEC smart contract address
0xC43A2df23dAfACb9106AB239896599B705E2e67e {% endhint %}
{% hint style="info" %} DEC Locked Address
0x36f4B7A8D3d9975AE4c00aD1b699cB0f6Dc20939 {% endhint %}
{% hint style="info" %} TRC21 wrapped DXD smart contract address
0xB3AcEF61C7926002B62f45F7C352fF561B19ad52 {% endhint %}
{% hint style="info" %} DXD Locked Address
0x36f4B7A8D3d9975AE4c00aD1b699cB0f6Dc20939 {% endhint %}
{% hint style="info" %} TRC21 wrapped MTA smart contract address
0x0716416755DEE87498c607BF9008f8efC09ca07C {% endhint %}
{% hint style="info" %} MTA Locked Address
0x36f4B7A8D3d9975AE4c00aD1b699cB0f6Dc20939 {% endhint %}
{% hint style="info" %} TRC21 wrapped HY smart contract address
0xA7551BA0d52C763fb6f8866DE63827aA593f20Bc {% endhint %}
{% hint style="info" %} HY Locked Address
0x36f4B7A8D3d9975AE4c00aD1b699cB0f6Dc20939 {% endhint %}
{% hint style="info" %} TRC21 wrapped FRONT smart contract address
0x661C18Ff558f36aA94B9611EEb9Af53424C400e4 {% endhint %}
{% hint style="info" %} FRONT Locked Address
0x36f4B7A8D3d9975AE4c00aD1b699cB0f6Dc20939 {% endhint %}
{% hint style="info" %} TRC21 wrapped VNDC smart contract address
0xC43A2df23dAfACb9106AB239896599B705E2e67e {% endhint %}
{% hint style="info" %} VNDC Locked Address
0x36f4B7A8D3d9975AE4c00aD1b699cB0f6Dc20939 {% endhint %}
A TRC21 Wrapped Token is hosted on the TomoChain public blockchain, issued by TomoBridge, a subsidiary of TomoChain Pte. Ltd. and backed by an equal amount of the underlying asset or currency. TRC21 rapped BTC, for instance, is a token worth the same as one BTC at any given moment.
TRC21 Wrapped Token stays in your wallet throughout trading, and can be converted back and forth between the native asset and TRC21 Wrapped Tokens at anytime via TomoBridge. So it's almost like trading native assets directly. The proof of reserve is on-chain, which shows the exact 1:1 between minted TRC21 Wrapped Tokens (the TRC21 Wrapped Tokens created) and native assets stored by TomoBridge. When TRC21 Wrapped Token holders redeem their TRC21 Wrapped Tokens for native assets, the TRC21 Wrapped Tokens will be burned. The minting and burning of TRC21 Wrapped Tokens is tracked and verifiable via smart contract on TomoScan.
You need this type of token especially on decentralized crypto exchanges (DEX) or in decentralized applications running on TomoChain public blockchain.
Tokenizing a major coin like BTC on TomoChain allows for much faster and cheaper Bitcoin transactions, enabling a whole host of TomoChain Dapps to integrate and begin using it, that way giving both Bitcoin and TomoChain additional exposure and liquidity.
TRC21 Wrapped Token brings greater liquidity to the TomoChain ecosystem including DEXs powered by TomoX and DeFi applications. Today, the majority of trading volume takes place on centralized exchanges with major coins like BTC, USDT and ETH. TRC21 Wrapped Token changes that, bringing liquidity to DEXs on TomoChain and making it possible to trade many digital assets. TomoChain network processes transactions faster than most of the network on the blockchain industry so trading in TRC21 Wrapped Tokens on TomoChain DEXs is much faster than trading native assets on any other exchanges.
With TRC21 Wrapped Tokens, decentralized applications can now leverage major coin payments like BTC, ETH and USDT in smart contracts for lending protocols, funds, prediction markets, and token sales.
Besides the ability to trade on TomoX, wrapping these original assets into TRC21 Wrapped Tokens bring immense benefits for the holders of those assets and the TomoChain ecosystem in general.
- Transfer your TRC21 Wrapped Tokens without the need of holding TOMO in your wallet. This brings a great advantage compared to other interoperability system, i.e. to send WBTC on Ethereum, users still need to hold ETH.
- TRC21 Wrapped Tokens could be used as collateral assets in TomoLending — the pure P2P Lending application that can be enabled by any relayer.
- Very fast payments using TomoChain as the platform to process transactions that use those TRC21 Wrapped Tokens as payment units.
- TRC21 Wrapped Tokens can be sent and received privately using TomoP — TomoChain privacy transaction protocol that protects individual financial privacy while still providing the fastest transaction speed (confirmed within 2–4s) and the great user experience compared to existing privacy coin solutions.
- With the use of TomoP and TRC21 Wrapped Tokens, any user could erase entirely their trading history by sending the TRC21 Wrapped Tokens privately to a newly generated address and continuing to trade using that new address.
- TRC21 Wrapped Tokens can be used for staking to earn passive enough in some Dapps on TomoChain.
- TRC21 Wrapped Tokens can be potentially used in games that are being built on TomoChain by several teams.
TomoBridge currently supports converting between BTC, ETH, USDT, YFI and their corresponding TRC21 wrapped BTC, TRC21 wrapped ETH, TRC21 wrapped USDT and TRC21 wrapped YFI. More tokens on major will be added in the near future.