🏺
Amphora Protocol
  • 🏺🏺Amphora Protocol🏺🏺
  • Governance
  • Community Built
  • Tokens
    • The Amph Token🏺
    • The USDA Token🥩
    • The wUSDA Token🥙
    • 3Spool 🧵
    • vAMPH
    • oAmph
  • Concepts
    • Treasury Bootstrap System
  • Technical Documentation
    • Deployed Contracts
  • Tutorials (English)
    • How to get snxUSD
    • How to lend snxUSD/Get USDA
    • How to redeem USDA
    • How to wrap USDA to wUSDA
    • How to buy AMPH (Bootstrap Tool UI)
    • How to buy AMPH (Bootstrap Contract)
  • Resources
    • How to Contribute
    • Logos/Media Resources
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  1. Tokens

The wUSDA Token🥙

PreviousThe USDA Token🥩Next3Spool 🧵

Last updated 1 year ago

The $wUSDA token is a wrapped version of the $USDA token, which is why we represent it with a delicious wrap 🥙.

Since many protocols cannot support rebasing tokens in user accounts, the Amphora Protocol supports this wrapped version of $USDA the has a constant token amount in a users account, but entitles the user to a larger claim of $USDA overtime when redeeming the wrapped token.

This functions similar to Lido's $wstETH.