Details about Wrapped Star cryptocurrency
€18
1,056
1
Unknown
https://star.market/
@urbit
Wrapped Star price charts
WSTR exchanges
Wrapped Star, the crypto
Wrapped Star (WSTR) is a cryptocurrency token that is built on top of the Ethereum blockchain network. It is an ERC20 token that is pegged to the value of STAR, a cryptocurrency native to the Starname ecosystem.
The point
The main point of Wrapped Star (WSTR) is to enable the trading and use of STAR tokens outside of the Starname ecosystem. By wrapping STAR tokens as an ERC20 token, users can trade and transfer them on other platforms that support ERC20 tokens. It also allows for integration of the Starname ecosystem with other decentralized finance (DeFi) platforms on Ethereum.
The problem
The problem that Wrapped Star (WSTR) tries to solve is the limited availability and accessibility of STAR tokens outside of the Starname ecosystem. By wrapping STAR tokens as an ERC20 token, it allows for interoperability and liquidity across different blockchain platforms and DeFi ecosystems. It also enables broader adoption of the Starname ecosystem by making it easier to interact with other decentralized applications (dApps) and protocols built on Ethereum.
Compare WSTR and BTC performance
Timeframe | WSTR | BTC |
---|---|---|
1h change | 0 % | 1.07793 % |
24h change | 0 % | 1.25597 % |
7 day change | 0 % | -7.84963 % |
14 day change | 0 % | -5.61197 % |
30 day change | -17.31 % | -11.0434 % |
200 day change | -43.58 % | 113.154 % |
Year change | 2934480 % | 113.25 % |