The WCT token is integral to the WalletConnect ecosystem, serving as its native utility and governance token. WalletConnect is a vital open-source protocol that securely links cryptocurrency wallets with decentralized applications (dApps), enabling seamless interaction within the Web3 space. It acts as a bridge, allowing users to safely connect their digital assets to a wide array of blockchain services.

Typically an ERC-20 token found on networks like Optimism, WCT has a dual purpose. Firstly, it empowers governance, giving token holders a voice in crucial decisions about protocol upgrades, feature implementations, and the overall direction of the WalletConnect ecosystem. Secondly, WCT supports staking, a mechanism where users can lock up their tokens to earn rewards. This not only incentivizes participation but also contributes to the security and stability of the network. In essence, WCT is key to both the operational functionality and community-driven evolution of @WalletConnect $WCT #WalletConnect