WCT is the utility & governance token for the WalletConnect protocol, a key player enabling wallets and DApps to talk securely across chains like Ethereum, Solana, Cosmos, and Bitcoin .
used:
• Staking: Locking tokens to secure the network and earn rewards (up to ~22% APY reported by Binance Square) .
• Governance: Voting on protocol upgrades and fee mechanisms.
• Node operator rewards: Incentivizing uptime and quality-of-service.
• Future utility: Likely fee payments from DApps using WalletConnect