What is WalletConnect Token (WCT)?
WalletConnect Token (WCT) is the native token powering the WalletConnect Network, a protocol that makes it easy and secure for users to connect their crypto wallets to decentralized applications (dApps).
Think of WCT as the fuel and governance tool behind one of the most popular Web3 connection platforms.
#Tokenomics Click here to know more information for next article👈
Why Does WCT Matter?
WalletConnect is already a widely-used service in Web3 — used by wallets like MetaMask, Trust Wallet, and apps like Uniswap and OpenSea. But until now, it ran off-chain (outside the blockchain). WCT changes that.
Here's what WCT brings to the table:
Governance: WCT holders can vote on changes to the WalletConnect protocol.
Staking & Rewards: Users can stake WCT to earn rewards and support the network.
On-chain Messaging Infrastructure: WCT enables a decentralized communication layer for wallet-to-wallet and wallet-to-app connections.
WCT Tokenomics
Total Supply: 1,000,000,000 (1 billion)
Airdrop: 18.5% to early users
Rewards Pool: 17.5% for ecosystem incentives
Launch Network: Optimism (a fast, low-cost Layer 2 chain on Ethereum)
Note: WCT is currently non-transferable, meaning you can use it for governance and staking, but not sell or trade it (yet).
How to Claim WCT (If Eligible)
1. Visit airdrop.walletconnect.com
2. Connect your wallet
3. See if you’re eligible (criteria include using WalletConnect-integrated apps)
4. Claim your WCT
Future of WCT
The team plans to decentralize the network over time. Transferability and broader use cases for WCT (like paying for services) are expected to come as the network evolves.
TL;DR
WCT = WalletConnect’s new governance and staking token
Used for voting, network participation, and reward incentives.
#wct #dApps #AirdropBinance Built on Optimism
Not tradable yet, but will be an important part of the Web3 infrastructure
$WCT $KERNEL $SOL