I know what MATIC is, but what TF is wMATIC?

Matic and its wrapped ERC-20 representation.

To put it simply, wMATIC is “wrapped MATIC”, but before we get into that, let’s begin by introducing some core concepts:

First, there’s the MATIC token

Though it was originally built on the Ethereum blockchain, MATIC is the native currency of the Polygon Network.

Second, there are alt tokens

When a dApp (or decentralized application) is built on Polygon, Ethereum, or numerous EVM-compatible blockchains, the dApp usually implements its own form of token. For example, think of 99Starz STZ token, or QuickSwap’s QUICK token.

Read the full article on our official blog here: https://blog.quickswap.exchange/posts/what-tf-is-wmatic

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