Updates from May 2021

Top updates from the month of May!

Wanchain Community,

The month of May included some exciting updates for the Wanchain ecosystem! With new cross-chain functionality, new partnerships, and some major development updates, let’s get right into it!

On May 13th, WanLabs released the Instant Cross DAPP. Instant Cross is the newest DAPP to join the Wanchain ecosystem. It is a semi-decentralized cross-chain solution developed independently by WanLabs Ltd — the team behind WanLend. Instant Cross can be used to bypass cross-chain transaction fees, making it especially well suited for users who only want to transfer small quantities of tokens cross-chain while minimizing fees. Read more here.

The Wanchain Foundation is happy to announce that the $WAN cross-chain faucet now supports all cross-chain transactions to Wanchain, this means that everyone who completes any cross-chain transaction to Wanchain will always have enough WAN to cover the fees for a small handful of transactions. Wanchain is paving the way for onboarding new users and focusing on being as user-friendly as possible! Get started here.

We are pleased to announce a long-term strategic partnership with Kylin Network, aimed at shaping and safeguarding the future of interoperable DeFi. This partnership brings together Wanchain’s industry-leading blockchain interoperability solution with Kylin Network’s innovative cross-chain data services. Read more here.

Wanchain’s Founder & CEO, Jack Lu, recently held an AMA on the XRP subreddit. Jack answered many community questions covering a wide variety of topics including blockchain interoperability, the role XRP can play in DeFi, Wanchain’s future, decentralized cross-chain bridges, upcoming partnerships and more! Read all about it here.

Keep an eye out for the latest upcoming developments over on our official Twitter account, and also join in on the discussion on our Telegram group. See you in the next update!