Cryptopedia - Wrapped Circle Tokenized Stock (xStock)
Wrapped Circle xStock (wCRCLx) serves as the non-rebasing ERC-20/ERC-4626 wrapped variant of Circle xStock (CRCLx) on X Layer. Each vault share corresponds to a proportional interest in the underlying xStock held within the wrapper contract at 0xfEbDEd1B0986a8ee107f5AB1a1c5a813491DeCEB. The process for wrapping and unwrapping relies on the current xStocks multiplier.