WCT @WalletConnect
A critical token of the WalletConnect Network and used for the following purposes:. Fees: Used to pay for network services, such as transfer usage. Rewards: Tokens are given as incentives to keep the network secure and efficient.
What is WalletConnect in Brief?
The main function of WalletConnect, an open-source protocol, is to enable users to easily and securely connect their crypto wallets to decentralized applications (dApps). Thanks to QR code technology, users can easily connect their crypto wallets on their mobile devices to desktop applications or other platforms. Providing great convenience especially for mobile crypto users, WalletConnect also offers seamless transition between different devices.
The protocol prioritizes the user's security and requests approval from the wallet owner for each transaction. In this way, users have full control over their interactions with decentralized applications.