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  1. The Convert n' Burn System

Overview

PreviousxWANNextBridge fees

Last updated 1 month ago

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 , converting the bulk of collected fees to , 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 , the Wanchain L1 blockchain, the 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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