Wanchain Unveils A New Bridge To A Blockchain With 5 Million Daily Active Wallets
Connecting It to 35+ Blockchains in a Major Move Towards Blockchain Interoperability
The crypto market is looking great with Bitcoin potentially reaching an all-time high!
This gave us the perfect timing to launch our biggest blockchain bridge in 2024. You will find out its name shortly. Hint - it's the 4th biggest blockchain by market cap.
Here is more breaking news we will cover:
Wanchain team received a warm welcome at Cardano Summit 2024.
Top blockchain media outlet mentioned our new bridge.
One of the most respected technology publications featured an interview with our star researcher, Dr. Weijia Zhang.
Find out two hot DeFi opportunities yielding above 20% APR.
Without further ado, let's dive straight in.
Wanchain Launches Solana Bridge
With Solana being all the talk lately, and with heavy demand from our users, we’ve integrated Solana into Wanchain’s decentralised cross-chain infrastructure, opening the floodgates to the 4th biggest blockchain in the industry.
You may be wondering, why focus on Solana? What does this mean for Wanchain users? What new routes can you try out?
Find all the answers to your questions and more in this Solana Bridge deep dive article: https://medium.com/wanchain-foundation/wanchain-launches-solana-bridge-d7da015854e0
More Than 50,000 WAN Has Been Burned Over the Last 30 Days
More than 250,000 WAN has been burnt since our Convert n’ Burn Mechanism was implemented on July 1st earlier this year. That’s ~50,000 more WAN burned over the last 30 days! Want to learn more about the inner workings of our revolutionary Convert n’ Burn mechanism?
Read on here: https://medium.com/wanchain-foundation/first-degree-burns-fee-collection-and-conversion-details-cd5ce128e471
Wanchain in the Media
Wanchain Attends Cardano Summit 2024 in Dubai
Cardano Summit this year was a blast. It provided a great opportunity to connect with so many new projects and strengthen our relationships with our existing Cardano contacts at the Cardano Foundation and Emurgo. We also talked to Richard McCracken, who's a Cardano OG and has created many highly viewed, organic how-to videos about Wanchain Bridge throughout the year. Here’s one of the videos that received 35,000 views.
Worth mentioning is also our meeting with popular Cardano YouTube influencer Dapp Central, who has covered Wanchain couple of times.
We had some very important conversations about future partnerships, but we can't share the details just yet.
Overall, here's what our Community Lead Liam, who also attended, had to say about the event: “We’ve improved so much! Just a year ago very few Cardano projects knew about Wanchain. Now everyone I talked to has already heard about us, and some of them are also using our bridge.”
Wanchain’s VP of Engineering, Dr. Weijia Zhang, Will Be Attending Devcon in Bangkok Thailand This Month!
Dr. Weijia Zhang will be discussing all things interoperability with other key industry leaders on the industry day interoperability & cross-Chain panel!
Find out more: https://devcon.org/en/
Lucrative Defi Opportunities on Cardano
Last month, our community member Kurisu uncovered some lucrative opportunities within the Cardano ecosystem, made possible by Wanchain’s Cardano Bridge.
Since then, Liqwid has added support for BTC and ETH lending and borrowing. We’ll report on this once these markets have matured.
At the moment feel free to explore these Cardano DeFi opportunities:
22.6% APR on USDC with Liqwid Finance
22.4% APR on USDT with Liqwid Finance
11.2% APR on DAI with Liqwid Finance
16.96% APR with the USDC/DJED pool on MinSwap
13.65% APR with the ADA/BTC pool on VyFinance
Read more about Kurisu’s findings here.
Our Newly Launched Solana Bridge Is Making Waves in Renowned Blockchain Publications
We’re happy to report that renowned media outlets picked up the news about our brand new Solana Bridge. Here’s what Coindesk and Coinspeaker has to say about it:
Wanchain, Decentralised Interoperability Solution, Integrates Solana Into Cross-Chain Infrastructure
https://www.coindesk.com/tech/2024/10/09/protocol-village/
Wanchain Integrates Solana into Its Cross-chain Infrastructure
https://www.coinspeaker.com/wanchain-integrates-solana-cross-chain-infrastructure/
Why Education Is Pivotal to Unlocking the Booming Blockbuster Future of Blockchain
Yet in another breaking story, Hackernoon, one of the top publications in the tech space with 4 million monthly viewers, interviewed our star researcher, Dr. Weijia Zhang. They discussed why blockchain education across the board is mission-critical to support the meteoric growth of our industry.
Get all the details here:
Jaromir Tesar (Cardano Yoda), a Cardano OG, Deep Dives Into Wanchain’s Bridges
When one of the very respected and established members of the Cardano community writes a full-length article praising the security of our bridge, you better pay attention.
Check out why he thinks we have a top-notch security:
https://x.com/JaromirTesar/status/1847183121147441434
Ecosystem Updates
Introducing the New Wanchain Bridge Dashboard!
The most awaited community request is now live!
Explore these features:
1️⃣ Burn Rate -> watch it in real-time
2️⃣ Cross-chain Volume & Transactions -> explore daily, weekly, and monthly insights
3️⃣ Converted Bridge Fees -> discover the distribution
Check it out here: https://bridge.wanchain.org/Dashboard
Wanchain Bridge Has Integrated Phantom Wallet
We now officially support Phantom!
Phantom is Solana's most popular crypto wallet, providing a seamless experience for managing your digital assets and especially NFTs.
Imagine that with 7 million Phantom users, our bridge is more accessible than ever!
Try to connect your Phantom wallet today https://bridge.wanchain.org
New Integrations
Solana Added to Wanchain’s Cross-Chain Infrastructure
Our Solana Bridge now connects to 12 other blockchains!
Both USDC and USDT XFlows are now live on Solana, allowing users to transfer native-to-native stablecoins between Solana and 12 other blockchains.
Here’s what you get when you use Wanchain USDC & USDT XFlows on Solana:
Native USDC & USDT on 13 blockchains — say goodbye to wrapped tokens.
Convenience — it takes only 7 clicks on our very intuitive platform.
Safety — we have an unmatched safety track record in the cross-chain industry — 6+ years with zero hacks or exploits.
Low-cost — many of the transactions cost just a couple of dollars.
Speed — it only takes a couple of minutes for your assets to arrive.
Try it out https://bridge.wanchain.org
If you’re not sure how to use our bridge, just follow this simple tutorial.
Read more about this integration here.
Thanks for reading, see you in the next update!