Wanchain Hits 3 Major Milestones This Month

You Will Be Surprised How Much WAN Got Burned

Sep 01, 2024

Dear Wanchain Community,

Looking at our achievements in August, there’s no doubt that this has been a month of massive growth. Here are the major milestones we’ve celebrated this month:

We surpassed 100,000 wallet addresses on the Wanchain L1 blockchain.
Our users did 200,000 total cross-chain transactions using Wanchain Bridge.
Convert ‘n Burn mechanism burned 160,000 WAN burned since July 1st!

Can you feel the heat? As you can see, the unification era is here to stay!

We also launched multiple new integrations and expansions of Wanchain’s decentralised bridge routes. Without further ado, let’s get started. Keep reading to find out more!

First Degree Burns: Fee Collection and Conversion Details

Speaking of the burn, more details have been released covering exactly how this Convert N’ Burn mechanism works! Want to find out more about the inner workings of this mechanism?

Read on here: https://medium.com/wanchain-foundation/first-degree-burns-fee-collection-and-conversion-details-cd5ce128e471

We Started 6+ Years Ago with a Mission to Connect All Blockchains in a Decentralized Way. Here’s How We’re Doing👇

That’s 30+ networks connected including both EVM and non-EVMs! Best of all? We pride ourselves to have 6+ years uninterrupted uptime, with zero hacks.

Want to give Wanchain Bridge a try? Just go here: https://bridge.wanchain.org/AssetBridge

Wanchain Empowering Cardano’s DeFi

In the first week of August, we celebrated the anniversary of the Cardano Bridge. Over the past 12 months, Wanchain has been expanding the Cardano Bridge far and wide to connect Cardano to as many chains as possible. How exactly does Wanchain boost Cardano’s DeFi? Take a look at the image below to find out more.

7 Ways how Wanchain brings DeFi to Cardano 👇👇

Join the $600 Giveaway in Celebration of the Cardano Bridge Anniversary!

We’re giving away $600 worth of WAN for the top 3 biggest transactions from any EVM chain to Cardano using Wanchain’s Bridge.

More info here: https://x.com/wanchain_org/status/1821456319590633487

Bridge here.

Wanchain in the Media

Rare Evo Hackathon Update

The Rare Evo Hackathon has officially been wrapped up!

Dr. Weijia Zhang, Wanchain’s VP of engineering, seen above awarding Trivolve Tech with the RWA Vortex award for the best use-case on Wanchain!

Wanchain Mentioned in Cardano Stablecoin Report

This report covers the near $1m USDC and near $500k USDT minted on Cardano via Wanchain’s cross-chain bridges. Find out more about the state of stable coins on Cardano here: https://cexplorer.io/article/overview-of-stablecoins-on-cardano

(Podcast) Breaking Blockchain Barriers: Wanchain’s Quest for Interoperability – with Temujin Louie - https://webdrie.net/breaking-blockchain-barriers-wanchains-quest-for-interoperability-with-temujin-louie/

Tether GOLD on Cardano!! NEW DJED Stablecoin - Dapp Central

Ecosystem Updates

Wanchain Bridge Now Supports WalletConnect!

This opens up the Wanchain Bridge to the millions of users who rely on WalletConnect which supports 500+ wallets!

Connect and Bridge here.

New Integrations

BTC and ETH Added to Cardano 🔄 Arbitrum route, USDC Added to Cardano 🔄 Base Route!

Users can now move BTC, ETH, USDC, USDT, and DAI between Cardano and Arbitrum!

USDC via BASE has also been added!

Bridge here.

Songbird Joins Wanchain’s Cross-chain Infrastructure!

Songbird, the canary network for Flare, has been integrated on WanBridge! Users can now move tokens (the two mention below, as a start) to and from Songbird!

Available routes: Songbird 🔄 XDC Network

Bridge here.

ORACLE Added to Wanchain’s Bridges!

Introducing Oracle - Empowering DeFi on Songbird and XDC Network with Oracle Swap.

Oracle is now available on Wanchain’s Bridge!

Routes: Songbird 🔄 XDC Network

Bridge here.