What a great time to be holding $WAN. Yesterday, Wanchain launched its Community Governance Platform Holders can now propose ideas for treasury funding, back other people’s proposals and vote on how bridge fees are allocated. After going through the details, here’s everything you need to know as a builder: There are two types of proposals. ⟢ Funding proposals, for projects or initiatives that need treasury support. ⟢ Technical proposals, for changes that don’t request funding, like adjusting the fee split or governance rules. The funding side is where I can see this being useful for builders & creators. Wanchain’s bridges let people move assets between blockchains. Part of the fees collected goes into the Community Treasury through Convert n’ Burn. That treasury is where funding for approved projects comes from. So if you have an idea for a useful Wanchain tool, an integration or a community initiative, you can submit a proposal explaining what you want to build and how much it needs. Submitting costs 110,000 XP. Funding proposals also require a WAN pledge, and the amount requested cannot exceed 10% of the treasury balance. If you can’t cover the full pledge yourself, other holders can sponsor an approved proposal and help it qualify for voting. Having a useful idea and having enough capital to get it moving don’t always happen together. Giving other people a way to back it makes sense to me. The team reviews proposals before they advance. Once a proposal reaches voting, holders get 14 days to vote. You can vote with WAN without a lock-up. Longer locks give more voting weight, while burning gives the highest weight. Burned WAN is permanently gone, even if the proposal fails. Passing also requires at least 75% Yes votes and enough total voting weight to meet the proposal’s participation requirement. The team then handles approved funding transfers or technical changes. The first technical proposal gives a clear example of what holders can influence. It proposes: ⟢ Increasing the WAN burn allocation from 10% to 20%. ⟢ Reducing Community Treasury inflows from 30% to 20%. Operations, node rewards and xWAN staking allocations stay unchanged. According to the proposal’s estimates, that could push annual WAN burns slightly above PoS emissions. So yea, there’s a potential path to net deflation here. It depends on fee revenue and those estimates holding up. It also means less money entering the treasury for future work. Existing reserves aren’t being burned. I wouldn’t judge this on the burn percentage alone. What that treasury could fund matters too. As a creator/builder, that’s the part I’d pay attention to. If there’s something useful you’ve wanted to build around Wanchain, there’s now a process to put it forward, find backing and seek funding. I’d love to see what people bring into this.