WrappedM by M0

WrappedM by M0 (ticker: WM) is a wrapped token designed to represent another asset on multiple blockchain networks, including Ethereum, Arbitrum, Solana, and Plume Network. Its purpose is to let holders carry the value of the underlying M0 asset across chains that might not natively support it, removing the need to leave one ecosystem to access the asset's properties. It is aimed at users and protocols that operate across several blockchains and want a consistent, transferable representation of the underlying asset.

As a wrapped token, WM is minted by locking or depositing the underlying asset and is redeemable back to that asset through the wrapping protocol. The token itself does not run its own consensus mechanism and has no block time, as it inherits settlement from whichever host chain it lives on at a given moment. The full circulating supply of 84,209,131 WM tokens represents 100 percent of issued supply, meaning there is no additional minting authority outstanding beyond the negligible 0.001791 percent still pending.

The data stored for WM contains no fee stream, revenue figures, or protocol earnings of any kind. This means the site cannot calculate fee-based metrics such as price-to-fees or yield on collected revenue. Whether the wrapping protocol charges a fee for minting or redeeming is not captured here, so no statement can be made about who pays or who receives any such charge. The absence of fee data does not itself describe the protocol's design; it simply reflects what this site holds.