#WalletConnect , the foundational protocol enabling seamless wallet-to-dApp connections across Web3, has officially transitioned into a decentralized network — and with it comes the introduction of , its native utility and governance token.
A Proven Backbone of Web3
Since its inception in 2018, WalletConnect has facilitated over 300 million secure wallet connections, becoming a critical infrastructure layer for the decentralized internet. Today, it:
Serves 45 million+ users
Supports over 20 million monthly wallet connections
Connects 61,000+ decentralized applications with more than 700 wallet providers
Operates across multiple blockchains with open-source transparency and broad trust
WalletConnect is deeply integrated into industry-leading platforms such as MetaMask, Trust Wallet, OpenSea, Binance, and Jupiter, making it a ubiquitous presence in Web3 — often described as the “Wi-Fi of Web3.”
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Introducing $WCT: The Utility and Governance Token of WalletConnect
$WCT is designed to bring ownership, incentives, and community participation to the heart of WalletConnect’s decentralized ecosystem. Here’s how the token powers the network:
1. Staking for Network Security and Rewards
Users can stake $WCT at staking.walletconnect.network, contributing to the protocol’s security while earning rewards. Over 106 million tokens have already been staked. The longer the stake duration, the greater the reward potential.
2. Decentralized Governance
Token holders are empowered to vote on critical protocol decisions, including fee structures, reward distribution, and upgrade proposals. Governance is fully community-led, enabling decentralized oversight and transparency.
3. Utility-Driven Demand
Future iterations of the WalletConnect protocol will require dApps to pay for access using $WCT, creating a real utility and sustainable demand for the token. This enhances long-term value for both users and stakeholders.
4. Incentives for Builders
Wallet providers, node operators, and protocol contributors will be rewarded in $WCT based on performance metrics, supporting an equitable and growth-driven ecosystem for Web3 builders.
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Strong Market Validation and Backing
The launch of has WCT been met with strong investor and community demand, highlighting widespread confidence in the project:
CoinList Sale: 4x oversubscribed, with $15.5M pledged for a $4M raise
Bitget LaunchX: Attracted $326M in commitments from over 67,000 participants
Echo Private Sale: Filled $500K allocation in just 11 seconds
Strategic Backers: Supporters by industry leaders including Consensys, Ledger, Nansen, and Figment
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Tokenomics Overview
Total Supply: 1 Billion $WCT
Staking & Rewards: 17.5%
Airdrops: 18.5%
Team Allocation: 18.5%
Foundation & Ecosystem: 27%
Backers: 11.5%
Core Developers: 7%
This carefully structured distribution is designed to promote long-term network sustainability, decentralization, and ecosystem growth.
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A New Phase for Web3 Ownership
With the launch of WCT, WalletConnect evolves from a trusted Web3 connectivity tool into a fully decentralized and community-governed network. This transition opens up new possibilities for participation, ownership, and innovation across the ecosystem.
Whether you’re a trader, a builder, a DAO participant, or an NFT creator — if you’ve used Web3, you’ve likely used WalletConnect. Now, you have the opportunity to own a piece of its future.
Stake today. Vote tomorrow. Shape the future.
👉 Start staking at @WalletConnect
