#WalletConnect is the foundational protocol enabling secure connections between decentralized applications (dApps) and crypto wallets. It simplifies Web3 interactions by allowing users to connect their self-custody wallets via QR code scans or deep links, without exposing private keys. This cross-chain compatibility supports hundreds of wallets and blockchains, making dApp access seamless and safe.
Recently, @WalletConnect launched its native token, $WCT. This ERC-20 token fuels the WalletConnect Network, serving multiple utilities. $WCT holders can stake their tokens for network security and earn rewards, participate in decentralized governance by voting on crucial network proposals, and eventually use it to pay for network services. This move decentralizes WalletConnect's core infrastructure, empowering its community and fostering a more robust Web3 ecosystem.
