Updates from February 2023 - XFlows Edition
Top updates from the month of February!
Dear Wanchain Community,
February has been yet another action packed month filled with WanBridge upgrades, new blockchain integrations, and many more updates. XFlows has been expanding fast, now including USDC, USDT and Ethereum - this means you can now move Ethereum between different Layer 2 solutions faster and cheaper than ever! February also saw the launch of Wanchain’s Telegram referral campaign, lets dive right in and get caught up with all things Wanchain!
ETH XFlows launched on Ethereum, Arbitrum, Optimism and Polygon!
The long awaited Ethereum XFlows has been launched! Users can now take full advantage of native-to-native Ethereum crosschain transfers powered by WanBridge XFlows, moving ETH between Ethereum, Arbitrum, Optimism and Polygon much faster and a lot cheaper than other bridge solutions. No fees, no slippage, fully decentralised crosschain bridging between Ethereum and Layer 2 solutions will pave the way for scaling ETH.
Read more about Ethereum XFlows here.
Start bridging here.
Wondering how much faster and cheaper XFlows is compared to other solutions out there? Take a look at these metrics:
Moving ETH from Ethereum to Arbitrum
Arbitrum Bridge
Cost = $5.33
Time = 15m39s
WanBridge
Cost = $4.98
Time = 3m06s
Moving ETH from Arbitrum back to Ethereum
Arbitrum Bridge
Cost = $7.52 (est.)
Time = 8 DAYS (est.)
WanBridge
Cost = $12.79
Time = 2m30s
We did a full comparison between WanBridge, and the in-house bridges offered by Arbitrum, Optimism and Polygon to point out the exorbitant costs and wait times in this Tweet thread:
Network Upgrades and New Integrations
Optimism added to Wanchain’s Cross-chain Infrastructure
Optimism, an Ethereum Layer 2 Solution, has been added to Wanchain’s cross-chain infrastructure. This widens the bridge routes for Ethereum XFlows by allowing users to bridge ETH between Ethereum and Optimism without any exorbitant fees and long wait times.
Start bridging here.
USDT XFlows launches on Polkadot via Astar
USDT XFlows has been launched on Astar, a scalable decentralised blockchain and Polkadot parachain. Native-to-native USDT cross-chain transfers are now live on Arbitrum, Avalanche C-Chain, BNB Chain, Ethereum, OKC, Polkadot (Astar), Polygon and Tron. This expands USDT XFlows even further, which chain could be next?
Read more about the Astar integration here.
OpenEgg integration - another XRPL token added to WanBridge!
The OpenEgg integration allows users to move the XRPL token, OVO, between multiple different networks listed below.
New Routes:
XRPL 🔁 XDC, MATIC, BNB
XDCNetwork 🔁 Polygon, BNB Chain
Polygon 🔁 BNB Chain
Addresses list can be found here.
Wanchain integrated into Absolute Wallet!
The Wanchain blockchain and WAN token have been integrated into Absolute Wallet, allowing users to transact and store WAN, try it out here.
Read more about Absolute Wallet here.
WAN staking now available on Binance!
You can now stake WAN directly on Binance, bringing WAN staking to the masses.
Start here: https://www.binance.com/en/earn/wan
Don’t forget you can also stake WAN via WanWallet for even more rewards, find our guide here.
Wanchain’s new no rate limit Flux RPC service
The current RPC service market structure is dominated by a small number of centralised firms like Infura and Alchemy. This constitutes a major point of weakness as these services have a checkered history marked by instability and downtime, negatively impacting both developers and end users. By deploying a decentralised RPC service on the Flux Cloud, Wanchain is able to offer a more stable and robust alternative to centralised RPC services.
Read more about the new Flux RPC service here.
Did someone say there’s a new DEX coming to Wanchain?
Follow Small Arms Syndicate on Twitter for all the latest info about REXDEX, a brand new DEX coming to Wanchain in the near future!
Community growth and giveaways
The Wanchain Telegram Referral Program is live!
A new Telegram Referral Program has ben launched, allowing users to earn WAN for referring friends. Winners are chosen every week and those that top the leaderboard will win their share of WAN rewards. The program works as follows:
1️⃣ Join the official verified Wanchain Telegram Chat!
2️⃣ Get your referral link and share it! This will show up on Sweepwidget after completing the first task.
3️⃣ Refer as many as you can to climb the leaderboard. The top 10 users every week win some WAN! Winners are announced ever Friday.
Get started: https://sweepwidget.com/c/WanchainTRP
Giveaway Announcement: Astar USDT XFlows
Wanchain is holding a special 500 USDT XFlows giveaway for those that complete XFlows crosschain transactions. You can win some USDT just by trying Wanchain’s USDT XFlows!
For participation rules and instructions, read here.
Wanchain in the media
Wanchain hits number 1 on LunarCrush Galaxy Score - measured by community metrics taken from across the web. Wandalorians unite!
WANTED: Lukas from Flux on building a top-100 decentralised supercomputer
BullCaster Episode #20 | Blockchain Interoperability with Temujin Louie
Web3 Berlin Talks - Ep. 5 - Mr.Advice, Wanchain, GET Protocol, iMe, MILC
Wanchain: USDT XFlows Launches on Polkadot
https://www.altcoinbuzz.io/cryptocurrency-news/product-release/wanchain-usdt-xflows-launches-on-polkadot/
Wanchain launches ETH XFlows for Native ETH Transfers
https://www.altcoinbuzz.io/cryptocurrency-news/partnerships/wanchain-launches-eth-xflows-for-native-eth-transfers/
🔦Community Spotlight🔦
ETH Just Got a Huge Cross-chain Upgrade — XFlows by Wanchain
https://medium.com/@99kurisu/eth-just-got-a-huge-cross-chain-upgrade-xflows-by-wanchain-eefef5ba7d91
See you in the next update!