#WriteToEarnWCT #WCT
The **WCT token** (Wallet Connect Token) is associated with **WalletConnect**, a popular open-source protocol used to connect decentralized applications (dApps) to crypto wallets securely.
As of now (June 2025), WalletConnect is still in the process of decentralizing its protocol and governance. The **WCT token**is part of this broader vision. Here's an overview of its use cases:
ā **Current and Planned Use Cases for WCT Token**
1. Governance
* Primary use case of WCT is for governance.
* Holders can vote on protocol changes, improvements, upgrades, and treasury usage.
* A decentralized governance model will help evolve WalletConnect as a public good for Web3.
2. Incentives and Ecosystem Growth
* WCT could be used to incentivize developers, wallet providers, and dApps to participate and build within the WalletConnect ecosystem.
* Potential for grants or rewards distributed in WCT to foster adoption and innovation.
3. Staking (Potential/Future)
* There has been speculation about introducing a staking mechanism to secure parts of the protocol (especially when WalletConnect becomes more modular or introduces validators).
* Not yet implemented, but included in governance discussions.
4. Protocol Fees and Utility (Future Speculation)
* In the long term, WCT may be used to pay fees for premium features or advanced services within WalletConnect (e.g., session encryption enhancements, analytics, multi-chain relays).
* Could function as a utility token once monetization layers are added to the protocol.
ā ļø Notes
* As of now, WCT is not widely used in dAppsfor anything beyond governance.
* WCT distribution has mostly happened through airdrops to eligible users of supported wallets and dApps.
