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5 changes: 5 additions & 0 deletions public/content/wrapped-eth/index.md
Original file line number Diff line number Diff line change
Expand Up @@ -6,6 +6,11 @@ lang: en

# Wrapped ether (WETH) {#intro-to-weth}

<Alert variant="update">
<Emoji text="🎁" />
<div>Connect your wallet to wrap or unwrap ETH on any chain at [WrapETH.com](https://www.wrapeth.com/)</div>
</Alert>

Ether (ETH) is the main currency of Ethereum. It's used for several purposes like staking, as a currency, and paying for gas fees for computation. **WETH is effectively an upgraded form of ETH with some additional functionality required by many applications and [ERC-20 tokens](/glossary/#erc-20)**, which are other types of digital assets on Ethereum. To work with these tokens, ETH must follow the same rules they do, known as the ERC-20 standard.

To bridge this gap, wrapped ETH (WETH) was created. **Wrapped ETH is a smart contract that lets you deposit any amount of ETH into the contract and receive the same amount in minted WETH** that conforms to the ERC-20 token standard. WETH is a representation of ETH that allows you to interact with it as an ERC-20 token, not as the native asset ETH. You will still need native ETH to pay for gas fees, so make sure you save some when depositing.
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2 changes: 2 additions & 0 deletions src/layouts/Static.tsx
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Expand Up @@ -30,6 +30,7 @@ import SocialListItem from "@/components/SocialListItem"
import TableOfContents from "@/components/TableOfContents"
import Translation from "@/components/Translation"
import TranslationChartImage from "@/components/TranslationChartImage"
import { Alert } from "@/components/ui/alert"
import { Flex, Stack } from "@/components/ui/flex"
import Link from "@/components/ui/Link"
import UpcomingEventsList from "@/components/UpcomingEventsList"
Expand Down Expand Up @@ -58,6 +59,7 @@ export const staticComponents = {
h2: Heading2,
h3: Heading3,
h4: Heading4,
Alert,
Callout,
Contributors,
EnergyConsumptionChart,
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