แปลง Concilium Blockchain Ecosystem CONCILIUM เป็น Wrapped Bitcoin WBTC

Concilium is an emerging blockchain ecosystem whose main objective is to consolidate an active community in the crypto space and in the development of decentralized digital businesses. During our first year of operation, we have managed to stabilize and position the value of our native token, $CONCILIUM, above 30 cents, an achievement driven by the synergy of our internal products and the real utility generated within the ecosystem. Our project incubator, Brooder, has been a fundamental pillar in this growth, promoting the development and launch of multiple products, both our own and those of external partners, that bring tangible value to the community and the token.

Wrapped Bitcoin (WBTC) is an Ethereum token that is intended to represent Bitcoin (BTC) on the Ethereum blockchain. It is not Bitcoin, but rather a separate ERC-20 token that’s designed to track Bitcoin’s value. WBTC was created to allow Bitcoin holders to participate in decentralized finance (“DeFi”) apps that are popular on Ethereum. Through a WBTC partner, 1 Bitcoin can be exchanged for 1 Wrapped Bitcoin, and vice-versa. The BTC that backs WBTC is verifiable through a “proof of reserve” system that verifies the 1:1 backing between minted WBTC tokens and Bitcoin stored by custodians. WBTC is maintained by a group called the WBTC DAO that consists of over 30 members. It was originally started by BitGo, Ren, and Kyber.