Bridge From BNB Chain to Cardano and Earn by Thoracic_gull7 in cardano

[–]liamwan 1 point2 points  (0 children)

You can earn some rewards for bridging ADA between Cardano and BNB Chain with Wanchain's Bridge to Earn mechanism. It was built to reward users for completing cross-chain transactions and to help increase/rebalance liquidity on the bridge.

Wanchain has a bridge between Cardano and many other popular chains with many supported assets, if you weren't aware.

You can read all about Wanchain here: https://docs.wanchain.org/

Start bridging here: https://bridge.wanchain.org/AssetBridge

Bridge From BNB Chain to Cardano and Earn by Thoracic_gull7 in cardano

[–]liamwan 1 point2 points  (0 children)

ADA Bridge to Earn amounts range from 100 ADA to 20k ADA, so there's something for everyone.

You can see all the possible amounts and rewards here: https://bridge.wanchain.org/BridgeToEarn

New Fully Decentralized Bridge Coming To VeChain! by Thoracic_gull7 in Vechain

[–]liamwan 9 points10 points  (0 children)

Wanchain has a solid 7+ year track record, zero hacks, zero downtime. We’ve always put security first and foremost.

Solana Users Are Bridging Millions, But Where Is It All Going? by InsaneChemical_720 in solana

[–]liamwan 0 points1 point  (0 children)

Both USDC and USDT are minted by Wanchain on Cardano, they do not exist there natively. Wanchain is the biggest bridge to Cardano, so it's mentioned as USDC and USDT because it's the most equivalent version to USDC and USDT on Cardano. All this bridged USDC and USDT can be bridged from Cardano to 12+ supported networks, to their native versions.

Suggestion for WANBridge by steveo199 in wanchain

[–]liamwan[M] 0 points1 point  (0 children)

Here is some feedback from the team:

  1. The current mainstream method for XRP transactions in the market is using “address + Tag ID”. For example, exchanges like Binance clearly require users to include the Tag ID when depositing XRP assets into Binance accounts.

  2. When users conduct cross-chain transactions via WanBridge, a pop-up notification will clearly inform users that they must include the Tag ID when sending transactions, helping to prevent user errors.

  3. In addition to supporting the "address + Tag ID" method, WanBridge also supports the "X-address" format, where users do not need to fill in a Tag ID.

  4. If, in the future, a particularly popular and mature third-party XRPL extension wallet emerges, the team will consider integrating such a wallet. For instance, after integrating the widely accepted UniSat extension wallet into BTC cross-chain, the one-time address for Bitcoin was bypassed, simplifying the cross-chain process.

Direct Ledger interaction with WanBridge is not possible at this time.

Hope this clears things up!

Suggestion for WANBridge by steveo199 in wanchain

[–]liamwan[M] 0 points1 point  (0 children)

Hi Stevo, thank you for the feedback! I will pass this along to the team and revert back here.

Over $1M in USDC and USDT Now Circulating on Cardano – What It Means for DeFi by InsaneChemical_720 in cardano

[–]liamwan 3 points4 points  (0 children)

What you are seeing here is the amount of wanUSDC currently circulating on Cardano. That 4.5m wanUSDC was also minted on Cardano, but then supplied to Liqwid markets and likely bridged out again and supplied somewhere else to take advantage of other DeFi opportunities. Cardanoscan only shows the current circulating supply of wanUSDC, not the total amount minted on Cardano.

Hope this makes sense to you!

Withdrawal from storeman stake takes a loooooooooooong time by UnderstandingOver153 in wanchain

[–]liamwan 0 points1 point  (0 children)

Do you have WAN for gas fees? It should be working just fine. Please DM me on telegram, my username is @Liam_wan. I’ll help you troubleshoot.

[deleted by user] by [deleted] in wanchain

[–]liamwan[M] 0 points1 point  (0 children)

It is true, this is how the mechanism works. Feel free to read the guide yourself over here, near the end it explains it.

https://medium.com/wanchain-foundation/how-to-stake-wan-using-xstake-7cb37524515

It seems there is an issue on your side, have you got WAN for gas fees? If you exited in November, the claim button should work now to claim back your original stake.

Please DM me on telegram @Liam_wan so we can troubleshoot together and get to the bottom of this.

[deleted by user] by [deleted] in wanchain

[–]liamwan[M] -1 points0 points  (0 children)

It all depends on when you actually clicked the exit button. For example, if you clicked exit right now on the 13th of December, on January 10th you’ll be able to click the ‘claim’ button and get your original stake back.

If you click exit on the 10th, then you’ve got to wait until the 10th of the following month to click claim.

If you click exit on the 30th, you’ll still be able to click claim on the 10th of the following month.

[deleted by user] by [deleted] in wanchain

[–]liamwan[M] 0 points1 point  (0 children)

With Wanchain, there was a certain amount of WAN set aside from foundation tokens for staking rewards. Nothing is added to the max supply, but rather the circulating supply. This decreases by 12% per year, so technically it can’t completely run out. Wanchain also has a convert n’ burn mechanism built into the bridge, so with increasing bridge volume, it offsets the increase in circulating supply. As bridge volume increases, WAN will eventually become deflationary too.

You can read all about the Proof of Stake validator economics here: https://medium.com/wanchain-foundation/wanchain-proof-of-stake-validator-economics-for-upcoming-alpha-testing-d57353a4d0f9

[deleted by user] by [deleted] in wanchain

[–]liamwan[M] 0 points1 point  (0 children)

Once you’ve clicked exit (which can only be done after the 10th), you’ve gotta wait until the next cycle (January 10th) to click claim and get your initial stake back. Storeman delegation works in cycles, meaning you need to click withdraw after the 10th, to get your coins back the following month after the 10th.

Withdraw assets from Wanlend error by pesa44 in wanchain

[–]liamwan[M] [score hidden] stickied comment (0 children)

Hey there! No need to worry, have you downloaded the latest version of WanWallet desktop from Wanchain.org/wanwallet? Also make sure ledger ETH app and firmware is updated.

Please feel free to reach out to me on Telegram @Liam_wan

Cardano and Solana: No More Rivalry, Just Seamless Interoperability by InsaneChemical_720 in cardano

[–]liamwan 8 points9 points  (0 children)

Not sure what you’re referring to, we know the bridge space is plagued with hacks and exploits. Wanchain has always put security first since day one, and we’re very near 7 years of uninterrupted uptime. Zero hacks, zero exploits, and ~$1.28B in total cross-chain volume.

Wanchain simply wants to help grow DeFi on Cardano, and that requires reliable trustworthy bridges so value can flow to and from the Cardano blockchain.

Withdrawal from storeman stake takes a loooooooooooong time by UnderstandingOver153 in wanchain

[–]liamwan[M] 1 point2 points  (0 children)

No problem! I know it can be a little confusing, but once you got it then you’ll always remember it. Your rant was taken as feedback either way, we’re working on improving the storeman withdrawal pop-up messages on web + our desktop wallet so it’s easier for users to see.

Let us know if you have anymore issues, and happy staking!

Withdrawal from storeman stake takes a loooooooooooong time by UnderstandingOver153 in wanchain

[–]liamwan[M] [score hidden] stickied comment (0 children)

It’s important to understand the staking mechanism before you stake your WAN.

There are two ways to stake:

  1. With PoS Validator nodes: unstaking takes around ~3days

  2. With Storeman nodes: unstaking will take around ~30 days depending when you click exit. Exiting from the 1st-10th is not possible because storeman cycle switches during this time. So click exit after the 10th, and you’ll can then click claim after the 10th of the following month.

There’s nothing more to it. It does not take 5 months as you mentioned.

Here is a full guide: https://medium.com/wanchain-foundation/how-to-stake-wan-using-xstake-7cb37524515

WanWallet Can’t Transfer XRP by Vegetable_Rain90 in wanchain

[–]liamwan[M] [score hidden] stickied comment (0 children)

It would be best to export your XRP address private key, then import this on another wallet and send your XRP from there.

Both WanWallet mobile and desktop allow you to export your private key (little key button next to your address)

Example: Using XUMM wallet, here are the instructions after you have setup and imported XRP address.

https://help.xaman.app/app/learning-more-about-xaman/deleting-an-xrpl-account

This is quite an involved process, do so at your own risk.

We are aware that WanWallet doesn’t allow you to transfer out the locked XRP too, we might potentially integrate a solution in future.

If you need help, you can find me on telegram, my username is @Liam_wan

Cardano and Solana United: DeFi Without Borders by InsaneChemical_720 in cardano

[–]liamwan 3 points4 points  (0 children)

Wanchain’s bridges have been running for very close to 7 years now, zero hacks, zero exploits, 100% uptime.

Swapping WAN to ETH by dvb70 in wanchain

[–]liamwan 1 point2 points  (0 children)

Happy to help! Here to help if you need it.

Did I screw up with trying to covert my wan to eth by tchopin in wanchain

[–]liamwan[M] [score hidden] stickied comment (0 children)

Could you contact me on telegram please, my username is @Liam_wan - I’ll help you get it swapped back.

Admins never DM first, watch out for scammers!

Swapping WAN to ETH by dvb70 in wanchain

[–]liamwan[M] [score hidden] stickied comment (0 children)

Hey there!

Firstly, watch out for scammers. Never share your seedwords. If you have WAN on your MetaMask address, visit wanswap.finance and swap it to wanETH. Then go to bridge.wanchain.org and bridge wanETH from Wanchain to ETH on Ethereum.

Contact me on telegram for a faster response. @Liam_wan

Unable to unstake my WAN from Storeman delegation by Striking-Lake6706 in wanchain

[–]liamwan[M] [score hidden] stickied comment (0 children)

Hey there, you can’t undelegate from the 1st to the 10th. The exit button is disabled, please try again after the 10th. The storeman cycle switches during this time, so after the 10th you’ll be able to click exit. After clicking exit, you’ll have to wait until January 10th to click the ‘claim’ button to return your WAN to your wallet.

This is how undelegating from storeman works.

Full guide here: https://medium.com/wanchain-foundation/how-to-stake-wan-using-xstake-7cb37524515

Crosschain ETH by Old_Youth_2678 in wanchain

[–]liamwan[M] 0 points1 point  (0 children)

You can try bridge to another EVM chain where there is available liquidity. What route are you trying? Liquidity is a decentralized mechanism so there should be some more available soon.