A Wrapped Asset Pool refers to a collection of assets that have been “wrapped,” meaning they are tokenized versions of another asset. This process allows assets from one blockchain to be used on another blockchain. For example, Bitcoin can be wrapped to create an equivalent token on the Ethereum network, often called Wrapped Bitcoin (WBTC).These wrapped tokens are pegged to the value of the original asset, allowing for interoperability between different blockchain ecosystems. Users can trade, lend, or use these wrapped tokens in decentralized finance (DeFi) applications. Wrapped Asset Pools typically include the underlying assets held in reserve, ensuring that each wrapped token is backed 1:1 by the original asset. This setup provides liquidity while maintaining the asset’s value.Overall, Wrapped Asset Pools enhance liquidity and accessibility by bridging assets across various platforms, enabling users to leverage the benefits and functionalities of different blockchains seamlessly.