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imagine youre watching a space thriller the astronauts are going through an asteroid field and their ship is taking damage they need to get out there to repair the ship and the bravest astronaut volunteers for the job so what do they do the really important thing here is to put on a spacesuit people are usually best suited to be on earth breathing some crisp pure earth air not dying in a vacuum of space to phrase this somewhat oddly they wrap themselves up to be able to survive in a different environment exactly like a wrapped welcome to whiteboard crypto the number one youtube channel for crypto education and here we explain topics of the cryptocurrency world using analogies stories and examples so that you can easily understand them in this video were going to explain what wrapped s are how they work and why we need them so first off what exactly is a wrapped the many different layers and situations can make this concept confusing but at its most basic a wrapped is just an asset