#WalletConnect
📢 The WalletConnect Token (WCT) is the native utility token of the WalletConnect Network, a decentralized protocol enabling secure connections between wallets and decentralized applications (dApps) across multiple blockchain ecosystems, including Ethereum, Solana, and Cosmos.
▶ WCT plays a pivotal role in the network by facilitating staking, governance, and rewarding participants such as node operators and wallet providers based on performance metrics like uptime and latency. With a capped supply of 1 billion tokens, WCT ensures a sustainable incentive structure without relying on inflation.
▶ The token is deployed on both Ethereum and Optimism networks, leveraging Ethereum's security and Optimism's scalability. WCT empowers the community to actively participate in the network's evolution, promoting a user-centric and decentralized Web3 experience.