Why wrap a flare token?

Could you please explain the rationale behind wrapping a flare token? What are the potential benefits or advantages that one might gain from this process? Is it a common practice in the cryptocurrency world, and if so, why is it done? Additionally, are there any potential risks or drawbacks to consider before embarking on this process? I'm curious to understand the motivation behind wrapping a flare token and how it fits into the broader cryptocurrency ecosystem.