Conceal Wiki

Wrapped-conceal

Wrapped Conceal ($wCCX) is just a representation of ₡CCX on any of the available bridged ecosystems — a tokenized ₡CCX. Exactly one $wCCX will always represent (or equal) one ₡CCX.

The majority of Ethereum DeFi project tokens are created through a smart contract and only provide an incentive for Ethereum miners and Hodlers to participate (because you swap your $ETH for any DeFi project token).

The introduction of $wCCX allows Conceal Network miners or Hodlers to also have the same ability, to use their ₡CCX to participate in an array of DeFi tools and projects available in the bridged ecosystems.

The highlight of $wCCX is the ability to provide an untraceable gateway to and from these ecosystems to the Conceal Network ecosystem. Conceal will be the first Cryptonote coin to build a bridge to multiple networks. Holders of $wCCX will be able to move from traceable ecosystem tokens to untraceable ₡CCX.

Bridged ecosystem options include:

  • Ethereum - $wCCX Total Supply 500k
  • Binance Smart Chain - $wCCX Total Supply 350k
  • Polygon (formerly $Matic) - $wCCX Total Supply 100k

Currently, the supply of $wCCX in each ecosystem will equal the amount of ₡CCX deposited in each swapping wallet. To verify, go to the ₡CCX swapping wallet (https://explorer.conceal.network/index.html#funds) and click Verify and select the specific ecosystem.

The maximum supply of $wCCX will never exceed the maximum supply of the original Conceal Network emission, 200M.

Below are important links for $wCCX:

Article: - The Anatomy of Wrapped CCX

https://concealnetwork.medium.com/the-anatomy-of-wrapped-ccx-97b2a8c008d9

Conceal Network Bridge:

https://bridge.conceal.network

Ethereum Ecosystem:

Dapp: https://etherscan.io/dapp/0x21686f8ce003a95c99acd297e302faacf742f7d4

Token: https://etherscan.io/token/0x21686f8ce003a95c99acd297e302faacf742f7d4

Contract: https://etherscan.io/address/0x21686f8ce003a95c99acd297e302faacf742f7d4

Binance Smart Chain Ecosystem:

Token: https://bscscan.com/token/0x988c11625472340b7B36FF1534893780E0d8d841

Contract: https://bscscan.com/address/0x988c11625472340b7B36FF1534893780E0d8d841

Polygon Ecosystem:

Token: https://explorer-mainnet.maticvigil.com/tokens/0x137Ee749f0F8c2eD34cA00dE33BB59E3dafA494A/token-transfers

Contract: https://explorer-mainnet.maticvigil.com/address/0x137Ee749f0F8c2eD34cA00dE33BB59E3dafA494A/transactions

Metamask Wallet Links:

Metamask Setup for BSC: https://medium.com/stakingbits/setting-up-metamask-for-binance-smart-chain-bsc-921d9a2625fd

Metamak Setup for Polygon: https://medium.com/stakingbits/setting-up-metamask-for-polygon-matic-network-838058f6d844