Wrapped-DGLD (WDGLD)

Wrapped-DGLD, the crypto

Wrapped-DGLD (WDGLD) is a tokenized version of Digix's DGLD, which is a digital asset backed by physical gold. WDGLD is an ERC-20 token on the Ethereum blockchain that represents one gram of DGLD. It allows users to easily trade, transfer, and hold DGLD on Ethereum-based platforms and services.

The point

The main point of Wrapped-DGLD (WDGLD) is to provide a bridge between the DGLD and Ethereum ecosystems, enabling users to access the benefits of both. By tokenizing DGLD into an ERC-20 format, it becomes easier for users to trade and use DGLD on Ethereum-based platforms and services, such as exchanges, wallets, and automated smart contract platforms.

The problem

The main problem that Wrapped-DGLD (WDGLD) tries to solve is the lack of interoperability between the DGLD and Ethereum ecosystems. By providing an easy way to convert DGLD to an ERC-20 token, users can more easily use and trade DGLD on Ethereum-based platforms and services. This can help to increase adoption and liquidity for DGLD, while also providing users with more options for accessing and using the asset.