WNYC is short for Wrapped NewYorkCoin and is a BEP-20 token that represents NewYorkCoin. Each WNYC is equivalent to one NYC. It is possible to convert NYC into WNYC and vice-versa. Although the transfer of WNYC is slower compared to regular NewYorkCoin, its main advantage lies in its integration with Ethereum wallets, dapps, and smart contracts.