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Why do we need "Wrapped BCH" on SmartBCH? I understand why ETH needs wETH but wBCH does not seem to serve the same purpose.

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I've been reading about wrapped ETH and that makes sense (basically ETH is not an ERC20 token itself but wETH is) but BCH on SmartBCH is already a token no different than wBCH, right?

Or is "Smart BCH" the token, "SBCH" (or whatever we are calling it) is like ETH?

submitted by /u/ImRichBCH
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