Werewolf has Evolved to Lycan!

LONDON, ENGLAND / ACCESSWIRE / January 18, 2022 / January Blockchain technology has evolved from 1995 till today by not only making businesses more economically, ecologically sustainable, and globally scalable but also introducing trust and security as part of the operational framework. Every passing year has made the applications of this technology even better resulting in rapid advancements. Our Vision with blockchain as a technology is not just limited to just cryptocurrency or DeFi platforms but a much more comprehensive application merging the virtual and physical worlds.

With the team which introduced the world's first comprehensive DeFi ecosystem called Werewolf, comes the next generation of the Species with Lycan. Lycan chain is conceptualized on the mythological story of Lycans. It not only has the agility (Speed), regenerative abilities (Immutable), and Immortality of Lycans but also is forever evolving.

Lycan Chain

Lycan chain is being introduced to the world in a time where blockchain has become an inevitable application for businesses but with limitations of high transaction costs and tedious transaction time; also a result of the global adoption of this revolutionary technology has made it difficult to integrate or adapt. Lycan chain aims to change this inevitability and allow everyone to infuse and enjoy the benefits with ease.

The capabilities of Lycan Chain include but are not limited to EVM compatibility, Web 3.0 compatibility, interoperability, high throughput, smart contract tooling, modularity, security, and many more.

The Lycan chain is powered by its native currency LYC which is also the governance token for the Blockchain. Every transaction that happens on the Blockchain is by either staking LYC or paying LYC. Moreover, based on werewolves' psychology of the strongest is the Alpha - Leader, Lycan has developed an architecture where the top 21 stakers of LYC automatically become the validators of blockchain. Moreover, as Lycan is powered by a hybrid Proof-of-Stake and the first of its kind, Proof-of-Bite (Which allows Validators-Alphas to invite Delegators-Betas by burning some LYC) consensus algorithm, that ensures low fees and high-speed transactions.

Lycan Chain also introduces a unique burning protocol that burns LYC tokens every full moon as gas fees. Additionally, users can burn LYC to receive Omega stable coin in return. The Omega coin has net-zero gas fees for all the transactions on the Lycan chain.

The predecessor, the Werewolf platform is a comprehensive DeFi project that offers a variety of DeFi products such as Decentralized Exchange, Staking, Decentralized Asset Marketplace (NFTs and Werewolf Assets), Metaverse gaming and Werewolf Coin WWC which will now migrate to Lycan Chain and thus plays an integral role in the expansion of the ecosystem.

The project has gone live with its private sale and will begin its IBCO (Initial Bonded Curve Offering) and Public Sale in the following few weeks. Follow the developments on https://www.lycanchain.com

Media Details
Company Name: Werewolf Exchange
Country: London, England
Contact Person: Nipoon Agarwal
Email: [email protected]
Website: chainsense.in

SOURCE: Werewolf Exchange