xWAN

xWAN is a WAN coin derivative. It is an escrowed token, corresponding to staked WAN coin. It has several use cases throughout the Wanchain Ecosystem, including:

WAN coin can be instantly and freely converted into xWAN at a 1:1 ratio using https://xflows.wanchain.org/. The xWAN contract address is: 0x2eA407Aa69be7367BF231E76B51fab9eC436766c.

Redeeming xWAN for WAN coin involves a linear vesting period, selected by the user. The longer the vesting period, the more WAN coin is received:

  • The minimum vesting period of 0 days will provide a 1:0.25 ratio

  • The maximum vesting period of 90 days will provide a 1:1 ratio

Users can cancel the redemption at any time before the selected vesting period ends. Cancelling will return the full xWAN amount to the user.

Redeem xWAN at https://xflows.wanchain.org/vesting/

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