Wrapping and Unwrapping $wRIZ User Guide

Overview

$wRIZ is a wrapped version of $RIZ that allows for enhanced functionality in staking, cross-chain applications, and various DeFi protocols. This guide will walk you through the process of wrapping and unwrapping $wRIZ.


1. Wrapping $RIZ to $wRIZ

Step 1: Connect Your Wallet

  • Click on "Connect Wallet" at the top right corner of the page.

  • Ensure you are on the Base Mainnet.

Step 2: Navigate to the Wrap Section

  • On the left sidebar, select "Wrap".

Step 3: Enter the Amount

  • In the Wrap tab, enter the amount of $RIZ you wish to wrap.

  • The system will display the equivalent amount of $wRIZ you will receive.

Step 4: Confirm and Wrap

  • Click the "Wrap" button.

  • The wrapping happens instantly, and your $wRIZ balance will update.


2. Unwrapping $wRIZ to $RIZ

Step 1: Navigate to the Unwrap Section

  • In the Wrap menu, select the "Unwrap" tab.

Step 2: Enter the Amount

  • Input the amount of $wRIZ you wish to unwrap.

  • Choose a claim period that determines the fees:

    • 30 days25% fee

    • 60 days10% fee

    • 90 days0% fee

Step 3: Confirm and Unwrap

  • Click the "Unwrap" button.

  • The system will process your request, and your $RIZ will be available after the selected claim period.


3. Claiming Unwrapped $RIZ

  • After the selected claim period (30, 60, or 90 days), your $RIZ will be available for withdrawal.

  • Ensure that the lockup period is complete before attempting to claim your unwrapped tokens.


4. Status Monitoring

  • You can check your wrapping and unwrapping transactions under the "Status" section at the bottom of the wrap page.


5. Important Notes

  • Wrapping is instant, while unwrapping requires a waiting period.

  • Unwrapping fees vary depending on the selected lockup period.

  • Always ensure you are on the correct Base Mainnet before performing transactions.

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