What exactly does pWrap create?
One deterministic wrapped mint W and one underlying-token escrow for an existing mint U and destination Token Program.
pWrap FAQ · 16 direct answers
pWrap separates backing, metadata, authorities, and product support. This FAQ gives an integrator, issuer, or W holder the answers that matter before relying on a representation.
Read the FAQOne deterministic wrapped mint W and one underlying-token escrow for an existing mint U and destination Token Program.
Yes. The program is executable on Mainnet, and finalized CreateMint, Wrap, and Unwrap activity now exists.
The program is permissionless; product support is a separate, explicit decision about an exact U/W relationship.
Within this deployment, U plus the destination Token Program deterministically identifies W; determinism is not issuer endorsement.
The base amount of U in the exact pWrap escrow must be at least the total W supply.
Yes. A surplus remains fully backed but needs reconciliation; a deficit is a critical backing failure.
No. Backing and redemption availability are separate properties.
Wrap mints the net U credited to escrow; on Unwrap, U’s current fee may reduce what reaches the recipient.
No. Wrap and Unwrap are public; Confidential Transfer is a separate Token-2022 capability on a configured W.
Yes. W metadata is independent state, not a live mirror of U.
Anyone may submit a valid sync, but the caller cannot supply arbitrary replacement values.
U’s freeze authority is copied to W once; after creation the two fields are independent.
The current program has no global pause, asset allowlist, Claim, Revoke, or ordinary admin-withdraw instruction.
Not yet. Mainnet is currently upgradeable, and its upgrade authority remains an economic trust boundary.
No independent audit is currently bound to the exact pWrap source and deployed binary.
Verify the exact live relationship and simulate the exact operation every time; a symbol, logo, or one-time check is insufficient.
Stewardship
Perfroute Inc. is a Delaware corporation. pWrap builds on the open-source Solana Token Wrap lineage and has its own program identity, deployed binary, release history, authority state, and security posture.