Here are the main features of the WCT (WalletConnect Token):

๐Ÿ”‘ Key Features of WCT Token

1. ๐Ÿ”’ Staking

* Users can lock up (stake) WCT for 1 week to 2 years.

* The longer you stake, the higher your staking rewards.

* Rewards are distributed weekly to stakers.

2. ๐Ÿ—ณ๏ธ Governance

* WCT holders vote on protocol changes, like:

* Fee adjustments

* Token inflation

* Reward structures

* Infrastructure proposals

3. ๐ŸŽ Rewards & Incentives

* WCT is used to reward node operators, wallet developers, and ecosystem contributors.

* Performance-based payouts for running WalletConnect Relayers.

4. ๐Ÿ’ธ Future Fee Utility**

* The network may introduce usage or relay fees in the future.

* WCT would be used to pay those fees, if approved by governance.

5. ๐Ÿ” Transferability

* Initially non-transferable.

* Became fully transferable in April 2025 after a governance vote.

6. ๐ŸŒ Ecosystem Growth

* Used to incentivize adoption of WalletConnect infrastructure.

* Wallets and apps integrating WalletConnect can earn WCT via participation.

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