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KuCoin Soft Staking
What is WAN?
WAN or Wancoin is the native currency of Wanchain. All Wanchain transactions, cross chain transactions, and smart contracts are powered by WAN.
WAN tokens enable several functions including:
- Incentives for PoS validator nodes and Storeman validator nodes, and their delegators;
- Dapps including but not limited to: WanSwap, WanLend, ZooKeeper, Jack's Pot, etc.
- Staking activities
- Private transactions
- Smart contracts
WAN and Wanchain based tokens are NOT ERC-20 tokens. Do not send any WAN or WRC-20 tokens to an Ethereum address or they will be lost forever.
How To Stake WAN
Wanchain seeks to create a new distributed financial infrastructure, connecting different blockchain networks together to exchange value.