The PengolinCoin team is in the research and planning stages to introduce a separate wrapped (ERC20) version of PGO called wPGO

Posted by citizenz7 on Thursday, September 24, 2020 at 11:58 AM | 13 views

What is wrapped wPGO?

Wrapped PGO is simply an ERC20 token that represents the real PGO coin on the Ethereum ecosystem. Having an ERC20 token representation allows PengolinCoin to integrate into the Ethereum ecosystem, which includes wallets, dapps, and smart contracts. What is the use case for wPGO?

On the Ethereum ecosystem, wPGO allows the use of a variety of financial instruments already available in DeFi, and decentralized trading on Uniswap. In addition, wPGO allows users to offer Liquidity Pools (know as LPs) to earn additional interest.