Wanchain seeks to link the present to the future, through the exploration and implementation of blockchain technology. Wanchain aims to build a distributed “bank”. Just as traditional banks are the infrastructure of the current financial framework, Wanchain seeks to build a new, distributed infrastructure of digital assets to form an improved, modern framework - an ambitious goal indeed. Wanchain connects and exchanges value between different blockchain ledgers in a distributed manner. It uses the latest cryptographic theories to build a non-proprietary cross-chain protocol and a distributed ledger that records both cross-chain and intra-chain transactions. Any blockchain network, whether a public, private or consortium chain, can integrate with Wanchain to establish connections between different ledgers and perform low cost inter-ledger asset transfers. The Wanchain ledger supports not only smart contracts, but also token exchange privacy protection. With Wanchain, any institution or individual can set up their own virtual teller window in the “bank” and provide services such as loan origination, asset exchanges, credit payments and transaction settlements based on digital assets. Under the guarantee of “banks” based on the blockchain infrastructure, more people can participate in financial services based on digital assets. To describe it more accurately, Wanchain is a distributed super-financial market based on blockchain. Wanchain uses the Locked Account Generation Scheme to secure funds and keys when there are multiple parties involved. Based on Shamir’s Secret Sharing Scheme, it effectively breaks up a key into shares and distributes it to all included participants. The Storemen are responsible for maintaining and managing the appropriate key shares of the locked accounts for transactions. This method of key share distribution has a few benefits. Because Wanchain generates locked accounts through multi-party computations, there’s increased decentralization.
Key Projects
13
Decentralized options protocol
One-stop DeFi suite for yield aggregation
Any chain, anytime, anywhere.
![WanSwap [OLD]](https://assets.qoory.ai/images/projects/wanswap.png)
Crosschain AMM DEX on Wanchain
Gamified Yield Mining Protocol
News
Cardano’s NIGHT Hits All-Time Low After 290M Token Dump
Midnight Foundation 表示，KuCoin、Kraken、Binance、Bybit、OKX、Gate 和 MEXC 等交易所已采取措施，包括冻结相关账户和地址、将攻击者关联钱包列入黑名单，并视情况暂停 NIGHT 充提，以限制被盗资产转移和变现。官方再次强调，此次事件仅涉及第三方 Wanchain 跨链桥，Midnight Network、核心基础设施及 NIGHT 资产本身未受影响。
How do you enter the world of BridgeFi? 1. Convert $WAN into xWAN 2. Stake xWAN 3. Earn 💰️ Get paid for every transaction that goes through the Wanchain bridge. This is one of the many utilities behind WAN. 👉 https://t.co/XSYCWqop2F https://t.co/xoFxEMUdlu
🚨 Community Update: We are aware of reports concerning an incident involving the Wanchain Cardano to BNB bridge affecting bridged NIGHT. Based on the information currently available, this appears to relate to cross-chain bridge operations and not the @MidnightNtwrk itself. We are actively monitor
PSA: CCTP V2 is now plugged into @solana for $USDC transfers on Wanchain in case you missed it 🔥
What's the most powerful utility behind $WAN? It gives you access to BridgeFi 💰️ Convert WAN and stake it as xWAN to start receiving payouts from every transaction happening on the Wanchain bridge. This pays you yield in BTC, ETH, USDT, & USDC 👇 https://t.co/XSYCWqop2F https://t.co/KNhgyuxL
Wanchain hit over $15 million in crosschain volume in June. This 6-month all-time high comes as protocols struggle to survive. Despite market sentiment being at an all-time low, this mid-bear market surge means interoperability is always in demand 📈 Day 1. https://t.co/qpdsmnB44t
Everyone knows the famous Wanchain bridge. But Wanchain also has a high-performance L1 blockchain that offers super-low fees! Pro tip: Use Wanbridge to send assets crosschain for 0 bridge fees ✨
Yes, you can earn fees from every transaction that goes through the Wanchain bridge 💰 This is the power of $WAN when it's converted to xWAN 🤯 Welcome to the world of BridgeFi by Wanchain 🔥 Stake xWAN today👇 https://t.co/977nv9UdQM https://t.co/1dpImcKq0C
Get paid just for bridging $USDT via the Wanchain bridge 💸 Yes, you read that right! The latest batch of Bridge-to-Earn tasks just dropped! This system allows veteran crosschain adventurers to earn just for bridging their assets crosschain! 👇 https://t.co/k3J88HSG1x https://t.co/ExWXTBAr8D