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Wrapped HBAR (WHBAR) is a cryptocurrency, it is the tokenized version of Hedera on Ethereum. WHBAR represents Hedera at a 1:1 ratio, with each WHBAR token backed by an equivalent amount of Hedera held in reserve. This means that the value of WHBAR is directly linked to the value of Hedera, and users can use WHBAR for transactions and other operations on the Ethereum network.