#wct The Wct Tolen Powers The Onchain UX Ecosystem Acting As Both A Reward And Governance mechanism within the ecosystem.

Token Function

The Wct token has four primary functions Within the wallet connect network:

1. Fees: At first the network will not charge fees, but token holders will have the ability to vote on fees being on charged for network services such as relay usage and other future service

2. Rewards: WCT Tokens are distributed as rewards to insensitivize participation and contribute to Network security and efficiency.

3. Staking: participant can stake WCT Tokens to earn rewards and participate in governance.

4. Governance: WCT Holders can vote on proposals and changes, giving the community control over the Network’s development through decentralized governance.$WCT