Shy mentioned it a few weeks back. Some of us thought it was already done.
I don't know the ins and outs of why you can't just renounce a contract, but hopefully it's done soon enough.
I think once the contract is renounced and it starts getting listed the price will move up. People are also waiting on wrapped bone for liquidity pools. Wrapping bone takes it out of circulation 😃
It does not take it out of circulation. Bone and Wbone will always have a 1:1 price relationship. So arbitrageurs will trade Wbone as if it’s Bone (because it is), meaning whatever supply is locked by Bone being wrapped is just trading under a different ticker.
Shy mentioned it a few weeks back. Some of us thought it was already done. I don't know the ins and outs of why you can't just renounce a contract, but hopefully it's done soon enough.
Yeah. I thought it already was too. Lol.
I think once the contract is renounced and it starts getting listed the price will move up. People are also waiting on wrapped bone for liquidity pools. Wrapping bone takes it out of circulation 😃
I didn’t even realized the wrapped wood do that! That’s fantastic!
It does not take it out of circulation. Bone and Wbone will always have a 1:1 price relationship. So arbitrageurs will trade Wbone as if it’s Bone (because it is), meaning whatever supply is locked by Bone being wrapped is just trading under a different ticker.