# WBCH Wrapped SBCH or WBCH is a token that is equivalent to Smart Bitcoin Cash (SBCH) on the smartBCH chain. WBCH has become increasingly popular in the decentralized finance (DeFi) space because it allows for the seamless transfer of SBCH on the smartBCH blockchain, while also enabling it to be used in a variety of other applications. ### What is Wrapped SBCH (WBCH)? Wrapped SBCH (WBCH) is a token that represents Smart Bitcoin Cash (SBCH) on the smartBCH chain. Essentially, WBCH is a tokenized version of SBCH that is pegged to the value of SBCH at a 1:1 ratio. This means that for every WBCH token, there is an equivalent amount of SBCH that is held in reserve. The creation of WBCH was a response to the limitations of SBCH itself, which is not well compatible with SEP-20 tokens. As such, WBCH was designed to enable the use of SBCH in DeFi applications, which are built on top of the smartBCH blockchain and rely heavily on SEP-20 tokens. ### Benefits of WBCH The main benefit of WBCH is that it enables SBCH to be used in DeFi applications without having to sacrifice its native properties. SBCH can be wrapped into WBCH and then used in a variety of applications, including lending and borrowing, decentralized exchanges, decentralized games, and other DeFi protocols. Additionally, WBCH can be traded on a number of decentralized exchanges, making SBCH more accessible and liquid. ### How WBCH Works To wrap SBCH into WBCH, a user sends their SBCH to a smart contract that mints an equivalent amount of WBCH. This WBCH can then be used in a variety of DeFi applications or traded on decentralized exchanges. To unwrap WBCH and convert it back into SBCH, a user simply sends their WBCH to the smart contract, which burns the WBCH and releases the equivalent amount of SBCH back to the user. The process of wrapping and unwrapping SBCH can be done easily through the BenSwap DEX interface. Most of the DeFi protocols on smartBCH also have built-in support for WBCH. ### **Contract** WBCH: 0x3743eC0673453E5009310C727Ba4eaF7b3a1cc04 --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.benswap.cash/features/wbch.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.