WanSwap is an Automated Market Maker (AMM) and a decentralized exchange that's part of a new ecosystem that allows for trading, compounding and yield farming.
One issue that modern DEXs face is that tokens being traded should be native to their chain. For example, UniSwap, one the most used ones, is based on Ethereum and therefore, only ERC-20 compliant tokens can be traded on it.WanSwap solves this issue by creating a wrapped token for each pair. A pioneer in this, WanSwap even lets traders swap for BTC using their native wanBTC, which maintains its value with the underlying original BTC. To assist people who want to convert the wrapped tokens back into the pegged original ones, users can head over to their Storeman Node based bridges.