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There are 4 types of participants on the WBTC network. They are: - The custodian who holds the assets (BitGO) - The merchants who mint and burn the WBTC tokens (Kyber / REN) - Users like you and me that want to mint or redeem that WBTC - The DAO which is the governance component which selects merchants or custodians (members) Each of these have a unique roll in upholding the WBTC network. https://allthingsdefi.io/renbtc-vs-wrapped-bitcoin-wbtc-pros-and-cons-to-consider/ https://www.coingecko.com/en/coins/wrapped-bitcoin https://renproject.io/ https://www.coingecko.com/en/categories/tokenized-btc https://medium.com/nakamo-to/advantages-and-disadvantages-of-wrapped-assets-ffe35fa2f566 is wbtc safe should you use wbtc To explain in simple terms what wrapped assets are, we will use the prime example of wrapped Bitcoin (wBTC). A wide range of other wrapped assets exist, but wBTC is by far the most commonly held and used. Almost everyone in the crypto sphere holds Bitcoin (BTC); this cryptocurrency makes up 57% of all crypto assets according to CoinMarketCap. Bitcoin’s liquidity, brand awareness, and user base are leagues ahead of other cryptocurrencies. However, there is a problem with this asset......watch to find out ****SCAM ALERTS***** I know you are popular but I will not send you my number or ask you for any money in any of the comments.....if my comment does not have a black background it is not me.cheers ? ?Top 4 crypto bonus app's? ? 1. https://voyager.onelink.me/WNly/referral?af_sub5=AFC72D ($25 btc w/ $100 deposit and get some vgx tokens) (code is AFC72D) 2. Blockfi https://blockfi.com/?ref=024ffe02 ($25 btc w/ $100 deposit) (code is 024ffe02) https://blockfi.com/credit-card-waitlist/?r=WqpIc (btc bonus card) 3.Join Celsius Network using my referral code 1449199a6c ($40 btc bonus w/ $400 deposit) 4.Use my referral link https://crypto.com/app/a8gpgad5ne ($25 in cro w/ ruby visa card) code is a8gpgad5ne If You Want to Support The channel Here is my Gitcoin Grants Page https://gitcoin.co/grants/2943/drakeondigital-daily-crypto-videos-and-tutorials 20% off trading at Kracken https://r.kraken.com/c/2768692/687155/10583 Tiktok https://vm.tiktok.com/ZMeEM2Jrb/ ? ? Here are the list of links to get paid to support the channel https://invitation.codes/@drakeondigital ? Free crypto trading and get paid crypto with every $10 trade on Blockfolio https://link.blockfolio.com/9dzp/720c9430 The MIC That I use https://amzn.to/34UKw8z Samson Technologies Q2U USB/XLR Dynamic Microphone link to the patrion https://www.patreon.com/drakeondigital?fan_landing=true telegram https://t.me/drakeondigitalchat also on theta at https://www.theta.tv/brucelee2573 want to donate some tfuel or theta......now you can ? 0xe55df4 ... https://www.youtube.com/watch?v=cERnxMfl0lA