🔸 About the Foundation
Formed in 2024, the @WalletConnect Foundation is dedicated to building a permissionless and decentralized onchain UX ecosystem that is powered by and rewards its community of builders and users.
The WalletConnect Foundation supports the growth, security, and decentralization of the WalletConnect Network and accelerates the mission of building an onchain future. At its inception, the Foundation team consist of Pedro Gomes (Foundation Director).
🔸 What is WalletConnect?
WalletConnect is an open-source protocol that enables secure communication between decentralized applications (dApps) and mobile/web wallets. Whether you’re trading NFTs, swapping tokens, or using DeFi platforms, there’s a good chance WalletConnect is working behind the scenes.
🔸 WalletConnect is the connectivity layer powering onchain experiences.
If you’ve connected to a Web3 app, you’ve seen WalletConnect. That blue logo? It’s everywhere—an icon of trust in crypto, as recognizable as Visa at checkout. With billions in value flowing through the WalletConnect network annually.
From DeFi to NFTs, swaps to staking, WalletConnect is the backbone of connectivity in the onchain economy—seamlessly bridging wallets, apps, and blockchains.
The numbers speak for themselves: Over 300 million connections and 45 million users worldwide have trusted WalletConnect to power their Web3 experience.
And now, with the launch of the WalletConnect Token, the network is taking the next step—paving the way for a fully decentralized, permissionless and community owned future of connectivity.
Ubiquitous: From MetaMask to Polymarket to Trust to Binance to Jupiter WalletConnect is everywhere
🔸 WalletConnect is the connectivity network shaping the future of onchain UX.
The onchain world is bursting with innovation and promise for the next version of the internet, yet, it’s faced one major problem since its inception: it was designed for the many, but built for the few.
Enter #WalletConnect . Since 2018, WalletConnect has been the cornerstone of connectivity in web3, providing a bridge between wallets and apps to give users simple and secure ways to connect to the onchain economy. It is the core connectivity layer for over 300 million connections spanning more than 45 million users across the globe, and today, facilitates over 20 million monthly connections for more than 5 million monthly users.
But the journey doesn’t stop there. The WalletConnect Network is evolving into a permissionless ecosystem powered by the WalletConnect Token (WCT) and its 45-million-strong community. Supported by leading global node operators such as Consensys, Reown, Ledger, Kiln, Figment, Everstake, Arc, and Nansen, the network is becoming more secure, scalable, and decentralized than ever before. With WCT at the heart of the network, WalletConnect is introducing a robust, community-led infrastructure designed to decentralize connectivity and revolutionize onchain UX.
The WalletConnect community plays a critical role in the WalletConnect ecosystem, and it’s imperative they’re involved in every step of the mission. That’s why the Token Community Round is an early access invitation to the WalletConnect community for WCT at a fair valuation in line with recent private offerings and without a lock-up period.
🔸 The token has four key functions:
🔺Fees: WCT will be used to pay for network services, ensuring long-term sustainability. Initially, the network won't have a fee structure; however, as it matures, the community may introduce fees through governance mechanisms. The proposed model envisions a Monthly Active User (MAU) fee structure for connection services.
🔺Rewards: 17.5% of the initial WCT supply is allocated to incentivize network participants over the first few years. Rewards will be distributed to community contributors, including wallet providers and node operators, based on performance factors like uptime and latency.
🔺Staking: WCT holders can stake their tokens to support network stability and sustainability, earning rewards in return. Staking rewards come from a portion of the general reward pool. Rewards increase with longer commitments and larger stakes, with mechanisms in place to prevent over-concentration.
🔺Governance: WCT enables holders to participate in the network's governance, allowing them to propose, discuss, and decide on key decisions, such as fee structures and reward allocations. This community-driven approach ensures that the network evolves in line with the interests of its participants.
🔸 The WCT Comeback: Why All Eyes Are on This Token
It’s not just hype — WCT is on a mission. And if you’ve been paying attention, you’ll notice:
♦️ Rising price action — the charts are showing higher lows and breakout candles.
♦️ Massive ecosystem campaigns — from airdrops to Binance Launchpool listings, WCT has rolled out multiple incentives this month.
♦️ Buzz across social platforms — influencers and traders alike are talking about WCT as one of the most promising utility tokens in the market.
Latest Transferability Vote:
Roadmap & technology
Over 106.5M WCT staked with 142,661+ WCT Holders—securing the WalletConnect Network!
The WalletConnect Network supports 700+ wallets, so chances are, you’re already a network power user. WalletConnect facilitated 18M connections in March alone for the top eight Web3 wallets.
✅ Trusted by 500+ dApps
✅ Integrated with all major wallets
✅ Real-time encrypted connection
🟡 Stake $WCT and Strengthen the Network
Now you can stake your WCT and actively participate in the future of WalletConnect!
👉 Stake your #WCT here: https://staking.walletconnect.network
Staking helps decentralize the protocol, rewards contributors, and increases network security. Whether you’re a seasoned crypto user or a beginner, staking WCT is simple and meaningful.
