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Cryptocurrencies: 28960
Markets: 114116
Market Cap: $2,557,594,794,866     
24h Vol: $95,209,059,350
CryptoGlobe 2022-11-28 15:30:32

Gnosis CEO Explains Why $WETH Will NEVER Lose Its 1:1 Peg to $ETH

Gnosis CEO Explains Why $WETH Will NEVER Lose Its 1:1 Peg to $ETH
On 27 November 2022, Martin Köppelmann, Co-Founder and CEO of Gnosis, and independent Ethereum educator and consultant Anthony Sassano explained what Wrapped Ether is ($WETH) and why it is not in danger of losing its 1:1 peg to Ethereum ($ETH). Here is how Binance Academy explains Wrapped Ether ($WETH): “Wrapped Ether (WETH) refers to the
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