Wanchain

<p><em>TL;DR The newest pillar of the Wanchain ecosystem —<a href="https://xstake.wanchain.org/" rel="noopener noreferrer nofollow"> XStake </a>— is now live. <a href="https://xstake.wanchain.org/" rel="noopener noreferrer nofollow">XStake</a> is an innovative, web-based platform designed to house a variety of infrastructure-supporting staking opportunities.</em></p><p>The Wanchain team is delighted to announce the launch of a new pillar of the Wanchain ecosystem: <a href="https://xstake.wanchain.org/" rel="noopener noreferrer nofollow">XStake</a>! <a href="https://xstake.wanchain.org/" rel="noopener noreferrer nofollow">XStake</a> is an innovative, web-based platform designed to house a variety of infrastructure-supporting staking opportunities. It embodies Wanchain’s commitment to security, convenience and intuitive design. Importantly, <a href="https://xstake.wanchain.org/" rel="noopener noreferrer nofollow">XStake</a> streamlines the process of delegating WAN tokens to Wanchain PoS Validator nodes and Wanchain Bridge Nodes. <a href="https://xstake.wanchain.org/" rel="noopener noreferrer nofollow">XStake</a> is set to revolutionize how individual users interact with and contribute to the Wanchain Layer 1 blockchain and, in time, other supported networks and protocols.</p><p><img src="https://cdn-images-1.medium.com/max/800/1*FwlEykUtqEZZixAkPzM-jw.png" /></p><h3 id="strong-the-present-strong"><strong>The Present</strong></h3><p>Today, <a href="https://xstake.wanchain.org/" rel="noopener noreferrer nofollow">XStake</a> provides users with two types of staking options. The first of these allows users to participate in securing the Wanchain Layer 1 blockchain by delegating WAN to Wanchain PoS Validator Nodes and participating in Galaxy Consensus. This staking option encourages participation in the Wanchain Layer 1 blockchain and creates a more democratic and resilient network. The second staking option supports the Wanchain Bridge. Users can now use <a href="https://xstake.wanchain.org/" rel="noopener noreferrer nofollow">XStake</a> to increase the cross-chain capacity of the blockchain industry’s premier cross-chain bridge by delegating WAN into Wanchain Bridge (Storeman) Nodes. Both initial staking options yield daily rewards and bolster the robustness and security of the Wanchain ecosystem.</p><p>Here is an <a href="https://medium.com/wanchain-foundation/how-to-stake-wan-using-xstake-7cb37524515" rel="noopener noreferrer nofollow">in-depth guide</a> outlining how to stake WAN using <a href="https://xstake.wanchain.org/" rel="noopener noreferrer nofollow">XStake</a> and <a href="https://metamask.io/" rel="noopener noreferrer nofollow">Metamask</a> on Wanchain.</p><p><img src="https://cdn-images-1.medium.com/max/800/1*gg_QYhbazk0Fogzlp7d4Lw.png" /></p><h3 id="strong-unique-strong-strong-advantages-strong"><strong>Unique</strong> <strong>Advantages</strong></h3><p>Prior to the launch of <a href="https://xstake.wanchain.org/" rel="noopener noreferrer nofollow">XStake</a>, these important staking options were only accessible via the WanWallet Desktop and WanWallet Mobile apps. <a href="https://xstake.wanchain.org/" rel="noopener noreferrer nofollow">XStake</a> boasts numerous advantages over the WanWallet suite:</p><ul><li>Convenience: as a web-based staking platform, <a href="https://xstake.wanchain.org/" rel="noopener noreferrer nofollow">XStake</a> removes the need for dedicated applications. Instead, users can access all staking opportunities using Metamask or the web3 wallet of their choice.</li><li>Flexibility: <a href="https://xstake.wanchain.org/" rel="noopener noreferrer nofollow">XStake</a> works equally well on both personal computers and mobile devices, allowing each user to engage with <a href="https://xstake.wanchain.org/" rel="noopener noreferrer nofollow">XStake</a> in their preferred manner. As an additional bonus, users can also access XStake directly in MetaMask Mobile.</li><li>Comfort: With the single click of a button, users can toggle between <a href="https://xstake.wanchain.org/" rel="noopener noreferrer nofollow">XStake</a> light mode and <a href="https://xstake.wanchain.org/" rel="noopener noreferrer nofollow">XStake</a> dark mode.</li></ul><p><img src="https://cdn-images-1.medium.com/max/800/1*Equxieerj_v_tHwboUXZjw.png" /></p><h3 id="strong-the-future-strong"><strong>The Future</strong></h3><p><a href="https://xstake.wanchain.org/" rel="noopener noreferrer nofollow">XStake</a> is poised to become a crucial pillar of the Wanchain ecosystem. Beyond the two staking options present at launch, several upgrades are already in the works. In the near term, both PoS Validator and Bridge (Storeman) Node deployment will be possible using <a href="https://xstake.wanchain.org/" rel="noopener noreferrer nofollow">XStake</a>. After that, users can expect staking options for non-WAN assets.</p><p>Stay tuned for more updates from the Wanchain team as we continue to innovate and expand our service offerings, redefining the blockchain experience for our users.</p><h3 id="need-help">Need help?</h3><p>Join our <a href="https://t.me/WanchainSupport" rel="noopener noreferrer nofollow">Telegram Tech Support</a> channel. Our support team is standing by and happy to help!</p><blockquote><strong>Note:</strong> If you receive a DM offering help, block them immediately. Admins will never DM you first! Never share your seed words with anyone, period.</blockquote><p><img src="https://cdn-images-1.medium.com/max/800/0*gNv0ufzNpc86t1lc.png" /></p><h3 id="about-wanchain">About Wanchain</h3><p>We are all connected — Wanchain, the Wide Area Network chain, is the world’s premier decentralised blockchain interoperability solution. Our mission is to drive blockchain adoption through interoperability by building fully decentralised bridges that connect the world’s many siloed blockchain networks. This crosschain infrastructure empowers developers to build truly decentralised crosschain applications to power the future of Web3.</p><p><strong><em><a href="https://www.wanchain.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://bridge.wanchain.org/#/" rel="noopener noreferrer nofollow">Bridge</a> | <a href="https://www.explorewanchain.org/" rel="noopener noreferrer nofollow">Documentation</a> | <a href="https://t.me/WanchainCHAT" rel="noopener noreferrer nofollow">Telegram</a> | <a href="https://twitter.com/wanchain_org" rel="noopener noreferrer nofollow">Twitter</a> | <a href="https://wanchain.us17.list-manage.com/subscribe?u&#61;474affe3661620cb14a108d52&amp;id&#61;f76852edbb" rel="noopener noreferrer nofollow">Newsletter</a> | <a href="https://wanscan.org/" rel="noopener noreferrer nofollow">Blockchain Explorer 1</a>, <a href="https://wanexplorer.io/" rel="noopener noreferrer nofollow">2</a>, <a href="https://wan.tokenview.io/" rel="noopener noreferrer nofollow">3</a> | <a href="https://wandevs.org/" rel="noopener noreferrer nofollow">Developer Portal</a></em></strong></p>

XStake: Staking Transformed

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Wanchain

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