Interoperable DeFi made easy: $WAN crosschain faucet now supports all tokens!

Temujin Louie
Wanchain
Published in
2 min readMay 24, 2021

The basic idea underlying interoperable DeFi is that things should just work. For everyone. As such, the Wanchain Foundation is happy to announce that the $WAN crosschain faucet now supports all crosschain transactions to Wanchain.

This means that, until further notice, everyone who completes any crosschain transaction to Wanchain — be it from Bitcoin, Ethereum, Binance Smart Chain, Doge, XRP Ledger or any other chain — will always have enough WAN to cover the fees for a small handful of transactions.

How to complete a crosschain transaction:

There are three primary ways to initiate a crosschain transaction to Wanchain:

  1. Using the Wanchain desktop wallet: user manual, video walkthrough
  2. Using WanBridge Web: user manual, video walkthrough
  3. Using Instant Cross: video walkthrough

How to access the $WAN crosschain faucet

To take advantage of the $WAN crosschain faucet, all you need to do is complete a crosschain transaction to Wanchain. Doing so will trigger a bot that ensures your account has at least 0.0005 WAN — enough to cover several transactions on the Wanchain network.

What to do next?

After completing your crosschain transaction to Wanchain, you are all set to take advantage of a wide variety of DeFi applications! Your first stop should be to WanSwap — the world’s best crosschain decentralised exchange. WanSwap lets you trade for WAN and a variety of other tokens including BTC, ETH, USDT and XRP.

From there, you are free to take advantage of a number of DeFi applications, including but not limited to:

If you’re still unsure how to take advantage of DeFi, read this introduction or ask the Wanchain community on Twitter or Telegram!

About Wanchain

True DeFi is interoperable — Wanchain, the Wide Area Network chain, is the world’s premier decentralised blockchain interoperability solution. Our mission is to drive blockchain adoption through interoperability by building fully decentralised bridges that connect the world’s many siloed blockchain networks. This crosschain infrastructure empowers developers to build truly decentralised crosschain applications to power the future of DeFi.

Website | Documentation | Telegram| Twitter | Newsletter | Blockchain Explorer | Developer Portal

--

--

Temujin Louie
Wanchain

CEO @ Wanchain. Blockchain true believer… for better and for worse!