Wrapped AVAX or WAVAX, is a token that represents AVAX 1:1 and conforms to the ARC20 token standard. By conforming to ERC20, it allows for increased functionality across any application that handles ERC20 tokens. You can always convert your WAVAX to AVAX 1:1 and vice versa.
For any additional questions, please view our other knowledge base articles or contact a support team member via the chat button. Examples are for illustrative purposes only.