How the bridge works
01
Minted on deposit. Burned on unwrap.
There is no pre-mined float. ISK you send is held 1:1 in the operator wallet and wISK (0xFB38…b0BB) is minted against it — so total supply is always a live proof-of-reserves number. Unwrap and it's burned. Boring on purpose.
02
Wrap 5%. Unwrap free.
Wrapping charges 5% and unwrapping charges 0%. That's the bridge's only ongoing cost, and it funds continued operation.
Live
Recent wraps & unwraps
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On-chain
wISK holders
| # | Address | Balance | |
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DEX
Trade wISK on Uniswap
Already holding ETH, USDC, or USDT on Ethereum? Swap straight into wISK on Uniswap. Verify the contract address before you accept the token — copycats reuse the ticker.
Token
wISK — Wrapped Iskander Coin
Network
Ethereum mainnet
Decimals
8
Backing
1:1 native ISK in custody