Web3's Backbone is Handing Over Management!
A New Era Begins with @WalletConnect

Powering over 300 million connections annually and shaping the onchain experience of 45 million users, WalletConnect is taking a historic step. This undisputed standard of Web3 is entrusting its management and future entirely to its community with the launch of the $WCT  token.

With a total supply capped at 1 billion, $WCT  offers a concrete and multi-layered utility model unlike recent speculative assets👇

Governance -> $WCT  holders have direct voting rights on critical decisions such as the protocol's future fee structure and technical updates.

Staking -> By staking your shares in the network, you can contribute to the system's security and stability while earning rewards in return.

Network Rewards -> 17.5% of the total supply is allocated to node operators and stakers, who act as the network's guardians, to be distributed based on their performance.

Network Fees -> As the protocol matures, a fee structure that can be implemented by community decision will ensure the network's long-term sustainability.

The foundation of this trust is its battle-tested technology, which has seamlessly connected over 61,000 applications and over 700 wallets since 2018. With the support of the industry's leading 16 node operators, this structure is as robust as a digital fortress.

🔗To become a stakeholder in the protocol's future and start staking:
https://staking.walletconnect.network/

💬What do you think about transferring such a critical infrastructure to the community with such a transparent token model?