Wrapped ETH (WETH) is a tokenized version of Ethereum designed for seamless interaction with decentralized applications (dApps). By adhering to the ERC-20 token standards, WETH provides enhanced interoperability with other ERC-20 tokens, making it a versatile asset within the Ethereum ecosystem. Holders of WETH can engage in various activities such as staking, yield farming, lending, and supplying liquidity to different liquidity pools. This added utility allows users to maximize the value of their assets across multiple platforms and networks, including cost-effective alternatives like Binance, Polygon, Solana, and Cardano. One of the key advantages of WETH is its consistent value, maintaining a 1:1 ratio with ETH. This ensures that the price of WETH is always equal to that of Ethereum, making it a reliable option for users looking to transact without worrying about price fluctuations. The process of wrapping ETH into WETH involves sending ETH to a custodian, which could be a multi-signature wallet, a smart contract, or a Decentralized Autonomous Organization (DAO). Users can connect their web3 wallets to a DeFi exchange, specify the amount of ETH to wrap, and complete the transaction to receive WETH tokens. Looking ahead, developers aim to phase out WETH by updating ETH to align with ERC-20 standards, which would simplify the ecosystem and enhance compatibility with various platforms. Overall, WETH serves as a crucial bridge for Ethereum users seeking broader functionality across decentralized finance applications.