Wrap a token

Already hold the underlying token? Great! Wrapping it is a one-click job.

If you haven’t bought anything yet but know which Watt token you want, check the app’s Suggested Action helper first. It compares the live market price of the Watt token with the cost of wrapping the original token and highlights the better deal:

• Negative price difference → Buy: you’ll get more value by purchasing the Watt token directly in the Buy tab, see example below.

• Positive price difference → Wrap: it’s cheaper to acquire the underlying token and wrap it yourself.

Open the Wrap panel on the right, enter the amount of the original token you want to convert, and click Wrap to confirm the transaction. You’ll receive a slightly smaller quantity of Watt tokens because a small wrap fee is deducted up front, but that gap is typically recouped quickly as the token ratio appreciates.

Done! Congratulations, your Watt tokens are now earning yield around the clock. Keep them safe, and watch the token ratio—therefore your position’s value—rise over time in the Unwrap panel.