Wrapped assets are utility tokens, they allow tokens from external Blockchains to transverse to the Bitswift Blockchain where they may utilize functions and features within the Bitswift ecosystem. Wrapped assets can be claimed on the Bitswift.cash Claim page and exchanged on the p2p decentralized exchange through users Bitswift Blockchain account.
Wrapped assets are generally pegged 1:1 with the native asset. For example, wrapped BTC is BBTC (BitswiftBTC), and 1 BitswiftBTC (BBTC) is equal to 1 BTC (Bitcoin) and may be converted as such through Bitswift.cash gateway services.
Bitswift (BITS) and CASH tokens are not wrapped assets as they were created on and part of the Bitswift blockchain. (Their native chain is the Bitswift Blockchain so there is no need to wrap them with anything to have them exist on the Bitswift blockchain)