#walletconecct 🔗 WalletConnect & $WCT: Powering Web3's Connectivity Layer
@WalletConnect is the backbone of seamless wallet-to-dApp interactions, enabling secure, QR-based connections across 600+ wallets (e.g., MetaMask, Trust Wallet) and 40K+ apps. With 35M+ users and 220M+ connections to date , it’s the go-to protocol for frictionless Web3 access.
💡 $WCT Token: Fueling Decentralized UX
Launched on **Optimism , the WalletConnect Token ($WCT) drives ecosystem incentives:
1. Governance: Vote on network upgrades (e.g., fee models, rewards) .
2. Staking: Lock tokens (1wk–2yrs) for rewards based on stake weight/duration .
3. Rewards: 17.5% of supply (5% in Year 1) incentivizes node operators/wallets for uptime/UX improvements .
4. Fees: Future MAU-based fees for relay services, payable in $WCT .
📊 Key Metrics:
Price: $0.314 (-5% 24h; ATH: $1.37) .
Supply: 186M circulating (1B max) .
Market Cap: $58.5M .
Recent Milestone: Full token transferability enabled April 2025 .
🌐 Why It Matters:
$WCT decentralizes Web3’s connectivity layer, turning users into stakeholders. Backed by Coinbase Ventures, Consensys, and 1kx ,
@WalletConnect aims to scale onchain UX via community governance.
🚀 Follow @WalletConnect** for updates on airdrops (18.5% of supply) and governance proposals! .