Wanchain

The WAN coin serves as the primary token on the Wanchain L1 Blockchain. It facilitates various activities, such as standard transactions and interactions with smart contracts on this blockchain. With each transaction, a small portion of WAN is burned. The total supply of WAN coins is capped at 210,000,000.

Beyond its role on the Wanchain L1 Blockchain, WAN coins have several other uses. For example:

* You can stake WAN coins to launch Wanchain PoS Validator Nodes.
* They can be delegated to pre-existing Wanchain PoS Validator Nodes.
* WAN coins are used to stake and deploy Wanchain Bridge Nodes.
* Delegation to existing Wanchain Bridge Nodes is another option for WAN coins.
* They act as collateral, ensuring the security of all cross-chain transactions.
* By holding and staking WAN coins, you can receive discounts on cross-chain transaction fees.

Furthermore, the fees collected from cross-chain transactions are converted into WAN coins, with some of these coins being burned through the Convert n' Burn process.

You can purchase WAN tokens on numerous decentralized and centralized exchanges, including:

* Binance
* KuCoin
* HTX
* WanSwap

In addition, PoS Validators are rewarded with WAN for verifying transactions.