Wanchain price

WAN

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WanBridge is Wanchain’s decentralised, direct, non-custodial value-transfer bridge. It is a network of smart contracts that can lock, mint, burn, and unlock fungible tokens and NFTs on both EVM and non-EVM networks without requiring any intermediary blockchains or centralised intervention. WanBridge cross-chain transactions are executed and secured by the Wanchain Bridge Node Group.

Try WanBridge at https://bridge.wanchain.org/.

XFlows is Wanchain’s canonical cross-chain swap platform. It enables decentralised native-to-native asset swaps across multiple EVM and non-EVM networks. XFlows seamlessly selects between multiple route types to ensure that users benefit from the best possible rates.

Try XFlows at https://xflows.wanchain.org/.

XPort is Wanchain’s cross-chain data transfer protocol. It enables arbitrary data to be passed from one blockchain to another. It is composed of two basic elements: a robust off-chain relayer and a set of rudimentary on-chain smart contracts called Cross-Chain Gateways that send and receive data.

The off-chain relayer is the same Bridge Node Group that secures all cross-chain transactions executed using the Wanchain Bridge. These permissionless Bridge Nodes are rotated and re-elected monthly. They use Multiparty Computation and Shamir’s Secret Sharing cryptography to transfer messages and arbitrary data across chains.

The Cross-Chain Gateways are a set of smart contracts deployed on each supported blockchain. These have limited functionality — they can essentially only send and receive data. They serve as the point of contact for all 3rd party developers.

Importantly, XPort is designed to be compliant with the Enterprise Ethereum Alliance’s Distributed Ledger Technology Interoperability Specification, co-authored by Wanchain’s VP on Engineering Dr. Weijia Zhang.

XStake is Wanchain’s web-based staking platform. It houses a variety of infrastructure-supporting staking opportunities. Using XStake, users can easily help secure the Wanchain Layer 1 blockchain by delegating WAN to Wanchain PoS Validator Nodes participating in Galaxy Consensus. This staking option encourages participation in the Wanchain Layer 1 blockchain and creates a more democratic and resilient network. Users can also support all of Wanchain’s cross-chain solutions by delegating WAN to Wanchain Bridge Nodes. Both these staking options yield daily rewards and bolster the robustness and security of the Wanchain ecosystem.

Try XStake at https://xstake.wanchain.org/.

The WAN coin is the native asset of the Wanchain L1 Blockchain. WAN coins enable several functions including regular transactions and smart contract interactions on the Wanchain L1 Blockchain. A small amount of WAN is burned alongside every transaction. WAN coin’s max supply is 210,000,000.

WAN coins also have utility beyond the Wanchain L1 Blockchain. For instance:

• WAN coins can be staked to deploy Wanchain PoS Validator Nodes
• WAN coins can be delegated to existing Wanchain PoS Validator Nodes
• WAN coins can be staked to deploy Wanchain Bridge Nodes
• WAN coins can be delegated to existing Wanchain Bridge Nodes
• WAN coins can be used to propose and vote on Community Treasury proposal

Additionally, holding or staking WAN coins grants discounts on cross-chain transactions. Fees collected from all cross-chain transactions are also converted to WAN coins programatically via Wanchain's Convert n' Burn mechanism. A portion of these are burned.

WAN tokens can be obtained on a variety of decentralised and centralised exchanges such as:

• Binance
• KuCoin
• XFlows
• WanSwap

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