wNAVRAS (ERC-20)
wNAVRAS (also known as Wrapped NAVRAS) is an enhanced version of the NAVRAS digital asset, developed on the Ethereum blockchain under the ERC-20 token standard. The wNAVRAS wrapper smart contract allows users to seamlessly convert between NAVRAS and wNAVRAS at a 1:1 ratio, adding auxiliary utility and functionality to tokens within the expanding NAVRAS Tech ecosystem.
Disclaimer: wNAVRAS is a digital asset with no inherent or promised value. It does not constitute an investment, security, or financial instrument. wNAVRAS is solely intended for use within the NAVRAS Tech ecosystem to access decentralized services and features. The token's price or liquidity is determined entirely by market participants and is independent of NAVRAS Tech's operations or objectives.
TECHNICAL SPECIFICATIONS
Wrapper Contract:
wNAVRAS Token Address:
Decimals: 18
Total Supply: Dynamic (directly corresponds to the amount of NAVRAS actively wrapped)
Tax: NONE
KEY FEATURES
NAVRAS DAO Governance Token: wNAVRAS tokens grant participation and voting rights proportional to their holdings, empowering the community to shape the ecosystem's future.
1:1 Peg: wNAVRAS does not have an existing liquidity pool, and is instead backed by NAVRAS tokens at a 1:1 ratio, ensuring a transparent and straightforward wrapping mechanism.
Wrapping/Unwrapping: NAVRAS tokens deposited into the wrapper contract mints and returns an equivalent amount of wNAVRAS. wNAVRAS tokens returned to the contract are burnt, returning the equivalent amount of NAVRAS.
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