WCT ● Powering the Future of Wallet-to-DApp Connections
Introduction:
WalletConnect is one of the most widely adopted protocols in Web3, enabling seamless connectivity between crypto wallets and decentralized applications. With the launch of WCT, the ecosystem now has a token designed to enhance decentralization, security, and long-term sustainability.
🔹 What is WCT?
WCT (WalletConnect Token) is the native utility and governance token of the WalletConnect ecosystem.
It supports protocol governance, staking, rewards, and future fee mechanisms.
🔹 Why It Matters:
WalletConnect handles millions of wallet-dApp connections per month, and WCT introduces incentives and governance to help decentralize and scale this infrastructure.
By aligning token holders with developers, relayers, and wallet providers, WCT aims to decentralize control and encourage innovation.
🔹 Core Use Cases of WCT:
UtilityRole in EcosystemGovernanceVote on protocol upgrades & treasury decisionsStakingSecure relay infrastructureDelegationEarn rewards by supporting relayersIncentivesReward active participationFuture UtilityPay for advanced protocol services