Question 1

What is wLBC?

Accepted Answer

wLBC is an ERC-20 token on Ethereum backed 1:1 by LBRY Credits (LBC) held in custody, the same model as wBTC for Bitcoin. Contract: 0xB0F2C4f8b7c0f088f7844947EcBf1220bFCa08C1.

Question 2

How do I wrap LBC?

Accepted Answer

Connect an Ethereum wallet, send LBC to the personal deposit address shown, and after 6 LBRY confirmations mint the same amount of wLBC to your wallet.

Question 3

How do I get native LBC back?

Accepted Answer

On the Unwrap page, burn wLBC and enter an LBRY address. After 12 Ethereum confirmations the same amount of native LBC is sent to that address.