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TechFlow reports, Web3 developer foobar has announced the launch of Wrapped friend for friend.tech, a smart contract that wraps shares into ERC-20 tokens.
Users can purchase shares in a group via the Wrapped friend contract, which mints 100*shareCount ERC-20 tokens representing those shares, tradable on Uniswap. When selling the group shares, the ERC-20 tokens are burned and ETH is returned to the user.
Web3 developer foobar announced on Twitter the launch of Wrapped friend for friend.tech, a smart contract that wraps shares into ERC-20 tokens. Users can purchase shares in a group via the Wrapped friend contract, which mints 100*shareCount ERC-20 tokens representing those shares, tradable on Uniswap. When selling shares, the ERC-20 tokens are burned and ETH is returned to the user.
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