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  • Transactions from EVM networks
  • Transactions from non-EVM networks
  • The Fineprint
  1. The Convert n' Burn System

Discounts

PreviousConversion and distributionNextImportant Terms and Parameter

Last updated 1 month ago

Users can stake or hold WAN coins to receive discounts on cross-chain transactions. Discounts function differently depending on the type of network involved in any given cross-chain transaction. In short: the more WAN you have, the greater the discount.

Transactions from EVM networks

For cross-chain transactions from EVM networks (i.e., from Ethereum), if either the sending or the receiving address has at least 10,000 on the Wanchain L1 blockchain, you will receive a discount on the . The address’ balance on the Wanchain L1 blockchain and any that it has are counted. Discounts are tiered as follows:

Threshold
Service Fee Discount

10,000 WAN

10%

25,000 WAN

25%

50,000 WAN

50%

100,000 WAN

60%

500,000 WAN

70%

1,000,000 WAN

80%

Transactions from non-EVM networks

For cross-chain transactions from non-EVM networks (i.e., from Bitcoin), if the receiving address has at least 10,000 on the Wanchain L1 blockchain, you will receive a discount on the . The address’ balance on the Wanchain L1 blockchain and any that it has are counted. Discounts are tiered as follows:

Threshold
Service Fee Discount

10,000 WAN

10%

25,000 WAN

25%

50,000 WAN

50%

100,000 WAN

60%

500,000 WAN

70%

1,000,000 WAN

80%

The Fineprint

  • The discount also applies to the Service Fee’s lower and upper limits. Without the discount, the lower and upper limits are set to $0.2 and $100, respectively. With a 50% discount applied, the lower and upper limits would be $0.1 and $50.

  • While both an address’ WAN balance on the Wanchain L1 blockchain and any WAN that it has staked/delegated to a Wanchain Bridge Node count towards the discount thresholds, WAN staked in PoS Validator Nodes and WAN bridged to other networks are not included.

WAN coins
Service Fee
WAN coin
WAN coin
staked/delegated to a Wanchain Bridge Node
WAN coins
Service Fee
WAN coin
WAN coin
staked/delegated to a Wanchain Bridge Node