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The current real-time price of WLRS is $0.0092. In the past 24 hours, WLRS has traded between $0.0092 and $0.0095, showing strong market activity. The all-time high of WLRS is $1.003, and the all-time low is $0.0013.
From a short-term perspective, the price change of WLRS over the past 1 hour is , over the past 24 hours is --, and over the past 7 days is -2.97%. These figures provide a quick overview of the latest price trends and market dynamics of WLRS on LBank.-14.07%
The live price of WLRS today is $0.0092, with a current market cap of $7,374.411. The 24-hour trading volume is 5.34. The price of WLRS to USD is updated in real time.
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Before deciding whether to buy or sell WLRS, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s WLRS technical analysis can provide you with trading references.
What will the value be? You can use our price prediction tool to conduct short-term and long-term price forecasts for WLRS.
How much will WLRS be worth tomorrow, next week, or next month in ? What about your WLRS assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! WLRS Price Prediction
To learn more about WLRS, consider exploring other resources such as the whitepaper, official website, and other published information:
Wrapped LRS (wLRS) is a token on the Larissa Network, functioning as a wrapped version of the native Larissa (LRS) cryptocurrency. It enables the utility of LRS within decentralized applications (dApps) and ecosystems compatible with the Larissa Network's token standards, enhancing its versatility within the broader blockchain environment.
Users obtain wLRS by swapping their native LRS tokens on the Larissa Decentralized Exchange (DEX) using a compatible crypto wallet. The process involves connecting the wallet, selecting LRS as input and wLRS as output, specifying the amount, and confirming the transaction. This mechanism, likely facilitated by smart contracts, locks the original LRS and mints an equivalent amount of wLRS.
Larissa (LRS) is the native cryptocurrency of the Larissa Blockchain, a Layer 1 platform launched on January 14, 2024. The blockchain uses Proof of Work (PoW) consensus for security and is Ethereum Virtual Machine (EVM)-compatible, allowing dApp migration. It features LRSNodes for governance and transaction validation, and an S3-compatible decentralized storage layer utilizing IPFS for secure, distributed data management.
The primary benefit of wLRS is enhanced interoperability within the blockchain ecosystem, allowing LRS to be used in DeFi applications and platforms compatible with Larissa Network standards, increasing liquidity and utility. Specifically, wLRS can be utilized in various dApps, for trading on decentralized exchanges, or as collateral in lending protocols within the Larissa ecosystem. Future plans also include NFT integration, DeFi protocols, and decentralized web hosting, further expanding wLRS's utility.
Like other wrapped tokens, wLRS carries inherent risks. These include custodial risk, as users must trust the mechanism (custodian or smart contract) that holds the original LRS. There's also smart contract risk, where vulnerabilities in the wrapping/unwrapping contracts could jeopardize underlying assets. Finally, market volatility, common to all cryptocurrencies, means the value of wLRS can fluctuate significantly.
wLRS can be acquired by swapping LRS tokens on the Larissa DEX via a compatible crypto wallet application. The smart contract address for Wrapped LRS on the Larissa Network is `0x2347302968d7d7cd25aa82ff8be78850ad8119f7`.
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