When you wrap MAG you make it easier to move, especially across networks. wMAG opens up the possibility of liquidity pools for MAG on networks other than Avalanche. This means more people can buy and stake MAG. We’ll be looking at adding cross-chain capability for wMAG soon. wMAG is a better price indicator for MAG As you stake MAG it increases in number, but 1 MAG is still worth 1 MAG. This can make it hard for some to understand the actual price of MAG. Remember, 1 wMAG = 1 MAG * the current index. The price of 1 wMAG then represents the worth of 1 MAG that has been staked since the beginning of the protocol. The price of MAG is right around $.93 right now, but the worth of 1 wMAG is $.93 * the current index = ~$1.23.