NYKNYC is a mantra that anyone in crypto community adhers to. Sending your precious XMR to unknown parties to get a token represented wrapped XMR is waiting to be rugpulled.
So no one in the core has even looked at the underlying code and yet there are people trying to sell wrapped XMR to newbies in the community.
@sgp@sgp@monero.town I totally agree with your comment, but why are you downvoted?
Pic related
There isn’t a trustless contract on Etherrium from what I know. But there will always be people who sell wrapped XMR and rugpull when a critical mass is reached.
There is this proverb, ‘A fool and his moneros are soon parted’, normies will nonetheless send their XMR and get WXMR which could be juggled and they can make a quick buck.