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chsalahuddin
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@WalletConnect , $
WCT
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@WalletConnect $WCT #walletconnet WalletConnect Token (WCT) is a governance token used in the WalletConnect ecosystem, enabling token holders to participate in protocol decision-making. Here are some key details about WCT: *Current Price and Market Info* - The current price of WCT is around $0.331509, with a 24-hour trading volume of $185.24 million. - The market capitalization of WCT is approximately $61.73 million. - The token's price has decreased by 3.79% in the last 24 hours and 50.52% in the last month ¹. *Tokenomics* - The total supply of WCT is capped at 1 billion tokens. - The token allocation includes: - *WalletConnect Foundation*: 27% for partnerships, grants, ecosystem development, and operations - *Airdrops*: 18.5% for seasonal airdrops to users, apps, wallets, nodes, etc. - *Team*: 18.5% for team members - *Rewards*: 17.5% for staking and performance rewards - *Backers*: 11.5% for those who provided resources and support to the early-stage Network - *Core Development*: 7% for further development of the protocol and related modules *Use Cases* - *Governance*: WCT holders can participate in protocol decision-making. - *Staking*: Participants can stake WCT tokens to earn rewards and support network security. - *Rewards*: WCT tokens are distributed as rewards to incentivize participation. - *Fees*: WCT will be used to pay for network services, ensuring long-term sustainability ² ³.
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@WalletConnect $WCT #walletconect @WalletConnect $WCT #WalletConnect WalletConnect is an open-source protocol that enables secure connections between cryptocurrency wallets and decentralized applications (dApps). It acts as a bridge, allowing users to interact with dApps without exposing their private keys. Here's a detailed overview: *How it Works* 1. *QR Code Scanning*: Users scan a QR code displayed on the dApp using their wallet app. 2. *Encrypted Connection*: WalletConnect establishes a secure, encrypted connection between the wallet and dApp. 3. *Authorization*: Users authorize specific actions within the dApp. *Benefits* - *Enhanced Security*: Private keys remain safe and secure. - *Seamless Integration*: Smooth connections between wallets and dApps. - *Wide Compatibility*: Supports over 600 wallets and 150 blockchain networks. *Use Cases* - *DeFi*: Lending, borrowing, and trading on platforms like Uniswap. - *NFTs*: Buying, selling, and trading digital art on platforms like OpenSea. - *Gaming*: Interacting with blockchain-based games.
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@WalletConnect $WCT #WalletConnect WalletConnect is an open-source protocol that enables secure connections between cryptocurrency wallets and decentralized applications (dApps). It acts as a bridge, allowing users to interact with dApps without exposing their private keys. Here's a detailed overview: *How it Works* 1. *QR Code Scanning*: Users scan a QR code displayed on the dApp using their wallet app. 2. *Encrypted Connection*: WalletConnect establishes a secure, encrypted connection between the wallet and dApp. 3. *Authorization*: Users authorize specific actions within the dApp. *Benefits* - *Enhanced Security*: Private keys remain safe and secure. - *Seamless Integration*: Smooth connections between wallets and dApps. - *Wide Compatibility*: Supports over 600 wallets and 150 blockchain networks. *Use Cases* - *DeFi*: Lending, borrowing, and trading on platforms like Uniswap. - *NFTs*: Buying, selling, and trading digital art on platforms like OpenSea. - *Gaming*: Interacting with blockchain-based games.
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As a trader, I’m really optimistic about #WalletConnect! The $WCT token’s potential in the wallet-connect ecosystem is impressive, with solid utility driving its value. Loving the project’s progress! @walletconnect #WalletConnect
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As a trader, I’m really optimistic about #WalletConnect! The $WCT token’s potential in the wallet-connect ecosystem is impressive, with solid utility driving its value. Loving the project’s progress! @walletconnect #WalletConnect
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