Overview
Convert n’ Burn is Wanchain’s Bridge Fees, Discounts and Benefits system. It was designed with two primary goals in mind: to offset the on-chain costs incurred by the Wanchain Bridge and to create value for the entire Wanchain ecosystem. It achieves both these goals by standardising fees on WanBridge, converting the bulk of collected fees to WAN coins, and redistributing the value throughout the entirety of the Wanchain ecosystem.
By aligning every component of the Wanchain ecosystem, including but not limited to Wanchain’s industry-leading cross-chain infrastructure, the Wanchain L1 blockchain, the WAN coin and the Wanchain community, Convert n’ Burn is a shining example of the kinds of synergies that form when the whole works in unison.
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