wPCT - Composability

wPCT is designed for users who wish to stake their holdings in third-party protocols. It is a permissionless but non-rebasing token. wPCT and PCT are economically equivalent.

Because wPCT is non-rebasing, the wPCT/USDC pool on Uniswap is the optimal way for users to withdraw to USDC when desired.

The wPCT/PCT exchange rate is adjusted instead of the token balance itself.