Wanchain is very excited to announce Cypher Core will join our network as a Validator node upon the upcoming launch of Wanchain’s Proof of Stake. See all upcoming product launch dates here.

Based out of California, Cypher Core delivers industry-leading Staking services. With Grade A infrastructure support and highly competitive commissions, they provide quality services at affordable rates for all backgrounds interested in utilizing a staking service provider. Whether you’re an entry-level enthusiast or VC, Cypher Core has your staking needs covered.

Who is Cypher Core?

Located in the heart of Silicon Valley, Cypher Core was founded in 2017 as an industry-leading staking service provider. Having worked closely with several outstanding projects in the scaling of educational awareness while delivering a plethora of insight to communities across the United States. Cypher Core’s aiming to translate their previous success over to Wanchain’s communities worldwide. With over $2.9 million USD in delegated assets across two active project mainnets, they’ve been able to establish a strong footing within the Staking community. Through trust in their quality services, they’ve had the privilege of working to provide projects with first-rate infrastructure support and staking services abroad to their international communities. Cosmos, Regen Network, Solana and IRISnet are just some of the many projects that they’ve assisted by contributing significantly to their content curations, staking infrastructures, and testnets.

If you have any questions or concerns regarding our staking services, feel free to join Cypher Core’s Telegram for 24/7 support.

About Wanchain

Wanchain is the infrastructure connecting the decentralized financial world. Wanchain’s live cross-blockchain solution is EVM-based, includes optional private transactions, and provides a decentralized, permissionless, and secure approach for interoperability. Wanchain has employees globally with teams in Beijing (China), Austin (USA), London (UK), Kuala Lumpur (Malaysia), and Madrid (Spain).

WAN Staking Update

Validator nodes will start coming live on Tuesday, August 20th and participants will be able to stake as soon as the nodes are visible on the network. The official “switch” to Proof of Stake will occur on Tuesday, September 3rd, so users are highly encouraged to stake their WAN before this date. After September 3rd, staking rewards will become active. Based on the many assumptions in our internal model, users can expect ~11% annual returns. More on Wanchain’s Validator economics and parameters here:

Beta testnet has been very successful for the Wanchain dev team, with ~140 nodes joining the testnet. Stress tests and bug fixes have gone smoothly, and the team is confident in the mainnet readiness leading up to August 20th and September 3rd. See the article below for more information on beta testing.

You can find more information about Wanchain on our website. Additionally, you can reach us through Telegram, Discord, Medium, Twitter, and Reddit. You can also sign up for our monthly email newsletter here.