Is wrapped ether on polygon safe?

Its been a year for me in the crypto space and I have been collecting a few coins here and there but now have lost trust on all those shitcoins.. planning to fill the bags with Ether instead.

I wanted to just use the Ethereum blockchain for that but its transaction fees are too high for me so I am thinking of using polygon to get wrapped ether.

Buuuuut before moving ahead with it, wanted to know how safe wrapped ether is. Is it just like WBTC which is issued by an entity? does someone control it? would it ever depeg somehow? I don't know much about it so any help would be highly appreciated. Thank you????