Wrapped NFT Contract comes into play for outlining an NFT template which would make any NFTs of ERC-721 or ERC-1155 rent compliant by extending them with additional properties specified in EIP-4907 and the P2E loyalty APIs. Through wrapped NFT templates introduced in the contract, an ERC-721 or ERC-1155 NFT can be represented with a new wNFT as a proxy for the original one, so that it can be assigned rental terms that are required for rental operations in the Stash Market.
There are two different Wrapped NFT Contracts for ERC-721 and ERC-1155 to provide wide compatibility with NFTs of both kinds.