Cryptopedia - Wrapped Nike Tokenized Stock (xStock)
Wrapped Nike xStock (wNKEx) serves as the non-rebasing ERC-20/ERC-4626 wrapped variant of Nike xStock (NKEx) on the X Layer network. Holding vault shares grants a proportional claim to the underlying xStock held within the wrapper contract at 0x7c5e9e93eA0F8fE94ea94Eb6283f200bA0B72Be0. The process for wrapping and unwrapping relies on the live xStocks multiplier for conversion.