Wrapping Nuon is available for particular use cases
Wrapping Nuon converts your yield-based rebase asset into a non-rebasing form, better suited for specific use cases such as tax accounting and institutional holdings.
Rebase tokens may also be difficult to process by some DeFi protocols and tools; wrapping Nuon rebase tokens makes them usable across other protocols, DApps, and APIs.
Prevents wallet balance from increasing
wNUON pegged to NUON (USDC) + accumulated inflation yield, which means wNUON price increases over time to reflect inflation-adjusted value.
It can be unwrapped back to NUON at any time.
Useful in jurisdictions where automatic rebases trigger tax events
Understandable to DeFi protocols that can't interact with rebase token standards
Prepare Nuon stablecoin and ETH on Base for transaction fees
Go to "Wrap" section on the advanced Nuon dashboard https://app.nuon.fi/wrap
Choose the amount of Nuon to wrap
Press Wrap and follow the instructions of your wallet to exchange NUON → wNUON