#walletconnct The $WCT token is the native ERC‑20 token of the WalletConnect Network, a decentralized communication protocol that securely links crypto wallets with dApps. With a fixed maximum supply of 1 billion WCT, the token was introduced to support network decentralization through staking, governance, fee payments, and incentive distribution .
Key details:
Total supply: 1,000,000,000 $WCT
Circulating supply: ~186 million $WCT (≈18.6%)
Token utility:
Staking & rewards: run service or gateway nodes to earn rewards
Governance: holders can vote on protocol fees, staking parameters, future upgrades
Incentivization: seasonal airdrops, grants, DAO participation
Fee payments: for relay or messaging services in the network
Token allocation (approximate):
Foundation treasury: 27% (~270M)
Team: 18.5% (~185M)
Rewards pool: 17.5% (~175M)
Airdrops: 18.5% (~185M)
Early backers: 11.5% (~115M)
Core development: 7% (~70M)
In mid-April 2025, transferability was unlocked, allowing open trading and decentralized participation across major exchanges like Binance and OKX .
Overall, WCT serves as the economic backbone of WalletConnect’s mission to decentralize wallet-to-dApp interactions—rewarding node operators, enabling community governance, and funding ecosystem growth.
Let me know if you'd like info on how to stake, participate in governance, or track price trends!
