wCOSMO: $COSMO in a form contracts can hold.
wCOSMO is $COSMO, wrapped 1 to 1. Safety deposits are held in it. Anyone can turn $COSMO into wCOSMO and back at any time, and the 1 to 1 backing can be checked on-chain.
- $COSMO
- Wrap or unwrap, 1 to 1
- wCOSMO
What it is
Wrapping puts your $COSMO into a reserve and gives you the same amount of wCOSMO. Unwrapping does the reverse. Nobody can create wCOSMO any other way, not even an admin, so every wCOSMO is backed by one $COSMO. Anyone can do both, without asking.
Technical details
$COSMO is a dispatchable fungible asset. wCOSMO is its plain, non-dispatchable 1:1 wrapper: wcosmo::wrap pulls $COSMO into an on-chain reserve and mints the same amount of wCOSMO; unwrap burns wCOSMO and releases $COSMO. There is no admin mint path. 6 decimals on mainnet.
Why safety deposits are held in wCOSMO
A deposit contract needs a token that moves in a simple, predictable way. $COSMO has extra transfer logic built in, and the deposit contracts refuse such tokens on purpose. wCOSMO is worth exactly the same but moves simply. If a provider or maker does the job, the deposit comes back out 1 to 1. If they fail to deliver, a fixed part of it goes to the other side.
The backing, checked live
The $COSMO in the reserve covers all wCOSMO in existence. This is read from the contract right now, and anyone can read the same values.
Wrap and unwrap
With $COSMO in a StarKey wallet on Supra Mainnet, wrapping is one transaction (0xf2785bf6…::wcosmo::wrap(amount)). Unwrapping works the same way in reverse at any time, as long as the wCOSMO is not placed as a safety deposit right now.
If you want to become a provider, the deposit page does the conversion and the deposit as two separate transactions, shows exactly what you sign, and lets you confirm both in your wallet:
Place your safety depositTurn wCOSMO back into $COSMO here
Gives up wCOSMO and returns the same amount of $COSMO to your wallet. Works for anyone at any time, as long as the wCOSMO is not placed as a safety deposit.
How to get $COSMO or wCOSMO
Three ways, in honest order. Direct sale (capped pilot): buy wCOSMO with SUPRA from the project's own stock on the buy page. The stock is small, the amounts are capped, the price has a fixed minimum and there is no promise to buy back. All limits are on that page. Atmos: a COSMO/SUPRA pool exists, but little money sits in it, so prices there move easily. Directly from us or the community: for the amounts a provider or maker needs, copy the template below and write to us through the COSMO community channel (see How earning works).
COSMO — $COSMO acquisition request (OTC / community) Wallet (Supra, chain 8): 0x… Intended use (provider safety deposit / maker safety deposit / other): … Amount of $COSMO I am looking for: … Background (infra / DePIN / agents / community): … Contact: …
Where wCOSMO is used: jobs
- · Providers put down their safety deposit in wCOSMO. The current minimum is shown live on the deposit page.
- · Jobs are paid in the token the job names: wCOSMO, CASH or SUPRA.
- · If a provider does not deliver, part of the required deposit goes to the buyer. The exact share is shown live on the earning page.
Where wCOSMO is used: trading (archive)
- · Makers, who offer token trades, put down their safety deposit in wCOSMO.
- · The tokens a maker puts behind an offer are held in wCOSMO.
- · Becoming a maker is not self-service. The second place is kept for the first outside operator and is set up together.
Read this before wrapping anything
wCOSMO is a tool, not an investment product. Nothing on this page is financial advice, and no yield or rising price is promised or implied. The markets that use wCOSMO are small on purpose, with low limits, and their rules can be changed by the 2-of-3 admin group. Wrap what you need for a safety deposit, not more. Built on Supra.