$WCT (WalletConnect Network)
A cryptocurrency utilized in the WalletConnect Network environment is called the WCT, or WalletConnect Token. It is intended to enhance the blockchain user experience and encourage community involvement. Additionally, $WCT is involved with the Jupiter DAO and Binance Launchpool.
Here's a more thorough explanation:
The WalletConnect Network:
A protocol called WalletConnect makes it possible for web3 apps and wallets to communicate securely and smoothly, giving users easy access to blockchain services without requiring a browser extension.
WCT Features:
The WCT token drives the WalletConnect Network, compensating community members, developers, and wallets for their input to the ecosystem.
Binance Launchpool:
Binance, a leading cryptocurrency exchange, has incorporated WCT into its Launchpool platform, enabling users to earn WCT by staking different cryptocurrencies.
Jupiter DAO:
The Jupiter DAO, an autonomous decentralized organization, is leading the way for WCT's entry into the Solana blockchain.
Airdrops:
WCT is utilized for airdrops, allocating tokens to qualified users in the Jupiter ecosystem.
Tokenomics
✴️Total Supply of $WCT: 1,000,000,000
🎯 Token Allocation:
🔸WalletConnect Foundation (27%)
🔸Community Distribution & Airdrops (18.5%)
🔸Core Team (18.5%)
🔸Node & Ecosystem Incentives (17.5%)
🔸Early Investors (11.5%)
🔸Developer Grants (7%)
Platform for Network Service Charges
Upcoming network-level charges (such as relay calls, communication services) might be settled in $WCT, pending approval from holder governance votes.
Ecosystem Motivation Instrument
Participants in the network (such as node operators, wallets, and applications) can earn $WCT by making contributions, fostering a beneficial incentive cycle.
$WCT $BNB