#WalletConnect is a critical infrastructure for the Web3 ecosystem, acting as an open-source protocol that enables secure and seamless connections between decentralized applications (dApps) and cryptocurrency wallets. It leverages end-to-end encryption and a chain-agnostic design, supporting hundreds of wallets and thousands of dApps across multiple blockchains. This universal standard simplifies user experience, allowing individuals to interact with dApps without compromising their private keys, thus bridging a crucial gap in Web3 adoption. The recent launch of its Connect Token (WCT) aims to further decentralize the network's infrastructure through staking, fees, rewards, and governance, fostering a more robust and user-owned "onchain UX ecosystem.