Wanchain’s ninth Storeman Group selection begins August 1st!

Expert construction! Wanchain’s ninth Storeman Group selection begins August 1st!

While last month’s slew of hacks attacking decentralised non-custodial cross-chain bridges represents another black-eye on a battle-worn blockchain industry, Wanchain’s industry-leading cross-chain infrastructure continues to run smoothly. In the past year alone, more than $232,000,000 worth of assets have joined the cross-chain DeFi era using Wanchain’s decentralised, non-custodial bridges. On the eve of the selection of the ninth Storeman Group, it is more apparent than ever that the future of blockchain will be powered by decentralised cross-chain interoperability.

The ninth selection cycle begin on August 1st, 2021.

Details

Selection period:

August 1, 2021 04:00 AM (UTC) — August 7, 2021 04:00 AM (UTC)

Confirmation period:

August 7, 2021 04:00 AM (UTC) — August 9, 2021 02:00 AM (UTC)

Working period:

August 9, 2021 04:00 AM (UTC) — September 9, 2021 04:00 AM (UTC)

Maximum number of Storeman nodes:

25 (including 1x Wanchain Foundation node)

Minimum stake per Storeman node:

10,000 WAN

Selection criteria:

24 Storeman nodes with the largest stakes

Delegation Fee:

10%

Delegation Ratio:

1:5

Supported wanBridges:

  • Binance Smart Chain-Wanchain bridge
  • Bitcoin-Ethereum direct bridge
  • Bitcoin-Wanchain bridge
  • EOSIO-Wanchain bridge
  • Ethereum-Binance Smart Chain bridge
  • Ethereum-EOSIO bridge
  • Ethereum-Wanchain bridge
  • Litecoin-Binance Smart Chain bridge
  • Litecoin-Ethereum bridge
  • Litecoin-Wanchain bridge
  • XRP Ledger-Ethereum bridge
  • XRP Ledger-Wanchain bridge

How to create a Storeman node

The yield of running a Storeman node is generally 50% higher than becoming a delegator. There are two basic requirements to running a Storeman node:

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