$WEOS is the wrapped version of $EOS on EOS Network.
EOS is an open-source protocol developed by Block.one to support the creation of smart contracts and decentralized applications (DApps). Its network features a delegated Proof-of-Stake (DPoS) consensus mechanism. Through DPoS, EOS offers greater scalability and transaction throughput than traditional blockchain networks, but to a certain extent, it relinquishes complete decentralization and censorship resistance.