# Wrapped inSPIRIT {% hint style="warning" %} **WinSPIRIT** token is susceptible to the risk of depegging from the price of **SPIRIT** token. The peg is maintained via the market and strength of the protocol that developed the respective winSPIRIT.\ \ Check out this [site ](https://www.defiwars.xyz/spirit)courtesy of our good community members for the live analysis of winSPIRIT. {% endhint %} ## Concepts For every SPIRIT token that is locked via the **wrapped inSPIRIT** mechanism, the underlying code consensus will take the SPIRIT token out of circulation in **perpetuity** thus allowing the protocol to mint a 'liquid' version of inSPIRIT token in the forms of their respective token ticker (refer below).
Token TickerDescriptionContract
ginSPIRITwinSPIRIT token by Grim Finance0x2787bea3366335068bf8b4a253044d09ea4e1c96
linSPIRITLiquid Driver wrapped inSPIRIT0xc5713B6a0F26bf0fdC1c52B90cd184D950be515C
binSPIRITBeefy Finance wrapped inSPIRIT0x44e314190D9E4cE6d4C0903459204F8E21ff940A
sinSPIRITScarab Finance wrapped inSPIRIT0x749F2B95f950c4f175E17aa80aa029CC69a30f09
rainSPIRITOla Finance wrapped inSPIRIT0xf9c6e3C123f0494A4447100bD7dbd536F43CC33A
tinSPIRITTarot wrapped inSPIRIT0x6CAa3e5FebA1f83ec1d80EA2EAca37C3421C33A8
beSPIRITBeluga Finance wrapped inSPIRIT
## Why winSPIRIT? Wrapped inSPIRIT tokens are created by dapps protocols by **locking SPIRIT tokens forever** in order to increase the APR of their SpiritSwap boosted farm vaults. Holding inSPIRIT enables the vaults to obtain a **max boost of 2.5x**. Autofarms and other protocols accumulate inSPIRIT by offering winSPIRIT in return for SPIRIT deposits. The protocol introduces an experimental feature, which functions as an autofarm smart contract by converting the deposited SPIRIT into inSPIRIT, and perpetually relocks that SPIRIT every 4 years. The smart contract functions as a one-way swap, where $SPIRIT is converted into the relevant winSPIRIT entitling the holder to various additional functionality (e.g. transferability outside of the protocol). This means the deposited $SPIRIT is locked in that smart contract *forever*. The deposited SPIRIT will *never* be returned to the user or market. However, the user will receive winSPIRIT, which is **transferable**, contrary to inSPIRIT which cannot be transferred between wallets. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.silverswap.io/spiritswap-v3/v2-core-features/subcore-feature/wrapped-inspirit.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.