wAVI is the wrapped version of AVI used for swapping and bridging. A native version exists on the AVI chain, and an ERC-20 version exists on Ethereum — both maintained at a 1:1 ratio through the bridge.
HOW THE 1:1 PEG WORKS
wAVI maintains a strict 1:1 ratio with the AVI native coin through the AVI ↔ Ethereum bridge system.
When AVI is wrapped, it is locked on the AVI chain
When wAVI is unwrapped, AVI is unlocked
Total supply across both chains always remains constant
