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Say Hello to Wanchain’s DApp Ecosystem

To mark the addition of the official DApps section to the Wanchain home page at: https://www.wanchain.org/dapps/, we present this overview of the most prominent DApps in the Wanchain ecosystem.

In this article you can find an overview of the DApps which are currently available on Wanchain. You can use Wanchain DApps directly in your Chrome or Brave browser with the WanMask web wallet, the WanWallet desktop light wallet or the WanWallet mobile app for iOS and Android.

Jack’s Pot — The Wanchain based, no loss lottery by Wanchain and FinNexus

Want to participate in a lottery without losing your funds? We have a DApp for you! Jack’s Pot is a DApp where you can buy lottery tickets for 10 WAN each. The staked WAN is delegated to a Wanchain validator and generates rewards as a part of the consensus process. The rewards are then pooled together in a single pot and awarded to the lottery winners. Your tickets will be automatically taken into the next round, however you can withdraw them at any time you want. One round lasts a single week and if there are no winners the rewards will be taken to the next round.

Wandora Box — A decentralized price prediction game by Wanchain and FinNexus

Wandora Box is a simple game where you can win prizes by predicting the price trend of WAN/BTC over a set period of time. Any user who predicts correctly will win a prize. As a fun additional twist, all users who make a prediction will be enrolled in a lottery where they have a chance to win another prize, regardless of whether or not their prediction is correct. Wandora Box issues prizes every 8 hours.

WRDEX and Bitlly DEX — Cross-chain decentralized exchanges

Two decentralised exchanges have been Built on WanDex. WRDEX (Wanchain RiveX decentralized exchange) and Bitlly DEX (Bitllywood) allow users to trade Bitcoin, Ethereum, EOS and many ERC-20 and WRC-20 tokens. More assets will be listed in the future when Wanchain implements more blockchains on their cross-chain solution. They both offer fast transactions (2000+ p/s), are easily accessible and allow you to trade directly via the web portal, mobile wallet and the Wanchain Light Wallet. All DEXes built on WanDex share a liquidity pool to offer a smoother trading experience.

Red Packet — Gift WAN to individuals or groups

The name “Red Packet” comes from the Chinese traditions of giving money in red envelopes at festivals and special occasions. Wanchain now brings this tradition into the world of blockchain! You can generate a Red Packet code with a set amount of WAN and send it to an individual or a group without knowing their address in advance. There is even an option to create a referral Red Packet which rewards users for sharing the code. Red Packet is exclusive for the mobile WanWallet for Android and iOS.

FinNexus options — Write, trade and exercise options with pooled liquidity

FinNexus Options is an inferface that runs on FPO (FinNexus Protocol for Options), this is a decentralized, permissionless and non-custodial protocol for writing, trading, and exercising options. All the functions of options are deployed on smart contracts.

FPO 0.1

This beta protocol was launched on Wanchain. The options in FPO 0.1 are tokenized options that give the holders the right, but not the obligation, to buy or sell underlying crypto assets at a specified price (Strike Price) at expiration. It’s integrated through a WRC20 smart contract. With the v0.1 model, options writers issue each option individually, and make profits or losses according to the market performance of each option they issue.

FPO 1.0

v1.0 introduces the innovative Multi-Asset Single Pool (MASP) model for decentralized options. Under this model the option writers contribute liquidity to a single monolithic pool from which all options are generated. In this way rewards and risks are shared proportionally amongst all liquidity providers. FPO 1.0 will also add the Ethereum blockchain When FPO 1.0 launches (3rd or 4th quarter 2020) it’s mechanisms will benefit both liquidity pool contributors and options buyers/traders.

More information on the differences between FPO 0.1 and FPO 1.0 can be found here.

DApp Links

  1. Jack’s Pot — No loss lottery from FinNexus
  2. Wandora Box — Crypto price prediction game
  3. WRDEX — Decentralized cross-chain exchange
  4. Bitllywood Dex — Decentralized cross-chain exchange
  5. Red Packet — Send crypto as a gift

About Wanchain

Wanchain is the infrastructure connecting the decentralized financial world. Wanchain’s live cross-blockchain solution is EVM-based, includes optional private transactions, and provides a decentralized, permissionless, and secure approach for interoperability. Wanchain has employees globally with teams in China, the USA, and other team members around the world in Asia, Africa, and Europe.

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Our mission is to drive blockchain adoption through interoperability by building fully decentralised bridges that connect the world’s many siloed blockchain networks.

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Core Ambassador for Wanchain. Crypto enthusiast. Follow me on Twitter: https://twitter.com/Konkey7

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