Theta upgrade goes live to support wTHETA as TNT20 token Theta upgrade goes live to support wTHETA as TNT20 token
Theta v3.4.0 is successfully completed at block height 17285755 to introduce a wrapped version of the THETA token, wTHETA
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Updated: Sep. 30, 2022 at 12:46 pm UTC
Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.
Theta Labs (THETA) successfully deployed the Theta v3.4.0 upgrade at block height 17285755, which supports wrapped THETA (wTHETA) as a TNT20 token.
This upgrade was key for the launch of the Theta Metachain, which is expected to happen in December 2022. The new version allows the wTHETA to be transferred to Metamask wallets and other smart contracts. It also makes it possible to stake THETA and Theta Fuel (TFUEL) to Guardian nodes and Elite Edge Nodes through smart contracts.
wTHETA
The announcement also included detailed guidance on wrapping and unwrapping THETAs. Token holders can wrap and unwrap using their Theta Web Wallet.
To add wTHETA tokens to metamask wallets, users can use the token contact address “0xaf537fb7e4c77c97403de94ce141b7edb9f7fcf0”, token symbol as “wTHETA” and token decimal as 18.
Theta’s partners
Theta Labs is a blockchain-based video distribution platform with a significant NFT community that includes names like Katy Perry and Sony. The protocol has been expanding its partner ecosystem since the beginning of the year.
Popular show American Idol partnered up with Theta Labs back in Aug. 2021 to launch real-time NFTs that’d represent each of the contestants at the time. In the same month, One Championship also inked a partnership deal with the protocol to launch One’s first NFT marketplace.
In June 2022, Resorts World Las Vegas joined Theta’s partner network to launch two NFT collections that offer luxury experiences at the venue.
A month later, in Aug. 2022, Samsung and Fuse Media partnered up with the project. Samsung agreed with Theta to use its protocol to launch its Galaxy NFTs.
Fuse Media also agreed to work with Theta to launch the Theta Mainchain.
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Zeynep Geylan
Zeynep is an academic who turned to crypto in 2018. Originating in social sciences, she is especially interested in the social impact of blockchain and cryptocurrencies and strongly believes in their transmuting power.
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Theta is a decentralized video delivery network, powered by users and an innovative new blockchain.
Theta Fuel
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Theta Fuel (TFUEL): The operational token of the Theta protocol.