I was curious that what is difference between the Wraped Coin vs Bitcoin. I still do not know clear about the Wrapped token but I think that Wrapping a coin allows it to be used on a non-native blockchain. Wrapping a token is essentially swapping one token for another token in an equal amount via a smart contract, or code on the blockchain that can store and send funds. but still I do not know the clear cut meaning and also use of The wrapped Tokens.
In simple terms, a bitcoin is a valuable asset, and a wrapped bitcoin is just a wrapper residing in another blockchain. In essence, you have exchanged your real bitcoins for fake ones and now you have opportunities to, for example, stake bitcoin in some DeFi pool. The only thing is that the risks associated with this activity are much higher than the profit you can get from this staking.
When you exchange your bitcoins for wrapped bitcoins, you involve a third party in the process, and that's not safe. In general, bitcoin tokenization is unprofitable in the long run because bitcoins only get more expensive over time, but all sorts of pools and DeFi protocols often crash and get hacked.