Wrapped OETH wallet

What is Wrapped OETH (WOETH)?

Holding OETH means watching the token count in your wallet move on its own: Origin Ether is a rebasing token, and the balance is adjusted on chain rather than sitting still. WOETH is the same position with the rebase taken out. It follows the ERC-4626 vault pattern, so the number of wOETH you hold stays exactly what you wrapped, and what changes instead is how much OETH each wOETH can be redeemed for.

That single design choice is what a holder needs to keep straight. One wOETH is not one OETH and never was, so a balance of 3 wOETH is a share of a vault, not three ether. Any wallet, explorer or spreadsheet that treats the two as the same unit will misread the position. Unwrapping hands back OETH, which starts moving in quantity again the moment you hold it.

WOETH also exists away from its home contract as a bridged representation, and a bridged copy is a claim issued by that bridge, not the Ethereum token. Supported networks in Tangem (2): Arbitrum One, Ethereum. Sending one to an address that expects the other ends the same way as any cross-chain mistake.

There is nothing to claim, renew or top up while wOETH sits in an address. Tangem reads the balance and the vault's current ratio straight from the chain, and the private key is generated inside the card's chip, so between the day you wrap and the day you unwrap there is simply nothing to sign. A card in a drawer is enough custody for a holding that does its work without you.