Wanchain is a decentralized blockchain interoperability solution that aims to drive blockchain adoption through interoperability. The project aims to build decentralized bridges to connect the various blockchain networks. With this cross-chain infrastructure, developers are empowered to build cross-chain dApps for the wider DeFi community.
Wanchain has been building its cross-chain infrastructure since 2017 and has launched a decentralized BTC-ETH direct bridge in early 2021. Wanchain also offers decentralized bridges connecting Bitcoin, Ethereum, Ripple and EOS, and plans to support other chains such as Polkadot. Wanchain’s cross-chain bridges are supported by unified decentralized collateral pools.
WAN is the native utility token on Wanchain, and has the following use cases: