Wrapped Astar (WASTR) is a wrapped token that allows the Astar token to operate on a different blockchain network. This tokenization process involves converting the rights to the Astar token into a digital token on another blockchain, ensuring that the wrapped token is pegged to the value of the original asset.

Here's how it works:

1. Tokenization: The original Astar token is sent to a digital vault or custodian, which securely holds the asset.
2. Smart Contracts: A wrapped version of the token is created on the target blockchain through smart contracts, ensuring a seamless bridge between the two blockchain networks.
3. Mint and Burn Mechanism: When the original asset is deposited, the corresponding wrapped token is 'minted' on the new blockchain. Conversely, when the wrapped token is redeemed, it is 'burned,' and the holder receives the equivalent amount of the original asset back from the custodian.

Wrapped Astar (WASTR) can be used on its new blockchain, enabling interactions that were previously impossible due to blockchain incompatibility. This allows for increased liquidity and utility, making it possible to use the Astar token in new environments and decentralized finance (DeFi) applications.

However, it is essential to note that wrapped tokens, including WASTR, come with risks and limitations, such as the need to trust the custodian and potential security risks associated with smart contracts.

To store Wrapped Astar (WASTR) tokens safely, follow these steps:

1. Hardware Wallets: Use a reputable hardware wallet like Trezor or Ledger. These devices provide secure offline storage for your tokens. Ensure you use an address on your hardware wallet for long-term savings and a separate address for signing smart contracts to avoid putting your entire savings at risk.

2. Separate Addresses: Maintain two separate addresses: one for savings and one for signing smart contracts. This segregation helps protect your savings from potential risks associated with contract interactions.

3. Avoid Exchanges: Never store your digital assets, including WASTR tokens, on exchanges for extended periods. Exchanges are meant for short-term trading and are more vulnerable to security breaches. Always transfer your tokens to your hardware wallet or a secure wallet for long-term storage.

4. Secure Wallet Management: Ensure you follow best practices for managing your wallet, such as keeping your seed phrase secure and using strong passwords. Consider using a paper wallet or other secure methods to store your seed phrase.

By following these guidelines, you can securely store your Wrapped Astar (WASTR) tokens and minimize the risk of loss or theft.

To buy Wrapped Astar (WASTR) tokens, you can follow these steps:

1. Choose an Exchange: Select a reliable cryptocurrency exchange that supports WASTR trading. Some popular exchanges include Bitget and Arthswap.

2. Create an Account: Sign up on the chosen exchange and complete any necessary verification steps.

3. Deposit Funds: Deposit the required cryptocurrency (e.g., USDT) into your exchange account.

4. Find WASTR Market: Navigate to the WASTR market on the exchange and select the desired trading pair (e.g., WASTR/USDT).

5. Place an Order: Enter the amount of WASTR you want to buy and execute the trade.

6. Store Your Tokens: Once the transaction is complete, store your WASTR tokens securely in a digital wallet.

Additionally, you can explore peer-to-peer marketplaces like Symlix, which allows users to buy and sell WASTR tokens directly with other users using various payment methods.