#WalletConnect @WalletConnect WalletConnect Token (WCT) is the native utility and governance token of the WalletConnect Network, launched on Optimism in late 2024 . With a 1 billion supply cap, it's designed for staking, governance, node/wallet performance rewards, and potentially fees . Staking is available (lock up to two years), granting voting rights and reward distributions based on stake-weight . WCT became transferable on April 15, 2025, after meeting decentralization milestones . The token allocation covers foundation, airdrops, team, rewards, backers, and development .