For me the wrapped token (WT) is a stuff which really "wraps" the original token into smart contract which releases them after WT is "burned". Does WDOG wraps Dogecoin into conditions of Stellar smart contract? I'm asking this because I suspect that you just exploit the name of that memcoin for the benefit of WDOG.
I agree with you 100%, and already explained this isn't a real proper wrap. It is just some naming scheme we came up with, similar to the other DOGE related coins on Stellar that are doing quite well.