xWAN
Last updated
Last updated
xWAN is a derivative. It is an escrowed token, corresponding to staked . It has several use cases throughout the Wanchain Ecosystem, including:
Farming rewards on
Rewards for
Staking on [in development]
can be instantly and freely converted into xWAN at a 1:1 ratio using . The xWAN contract address is: 0x2eA407Aa69be7367BF231E76B51fab9eC436766c.
Redeeming xWAN for involves a linear vesting period, selected by the user. The longer the vesting period, the more 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