6 years ago this week, Zcash got wrapped on Ethereum
Oct 21, 2020. Tokensoft and Anchorage launched Wrapped, and the first asset was Wrapped Zcash, WZEC. It was backed 1:1, with the ZEC held by Anchorage as a qualified custodian.
The pitch was using $ZEC in DeFi apps like Maker, Uniswap and Compound.
$ZEC closed that day at $62.72. Today it's around $1,070, about 17x.
Ever bridged a privacy coin?
Oct 21, 2020. Tokensoft and Anchorage launched Wrapped, and the first asset was Wrapped Zcash, WZEC. It was backed 1:1, with the ZEC held by Anchorage as a qualified custodian.
The pitch was using $ZEC in DeFi apps like Maker, Uniswap and Compound.
$ZEC closed that day at $62.72. Today it's around $1,070, about 17x.
Ever bridged a privacy coin?