WCT is the native token of WalletConnect, a widely‑used open‑source protocol that securely connects crypto wallets to decentralized apps (dApps) through QR codes or deep links. It supports over 38 million unique wallets and 57 000+ dApps across multiple blockchains .
WCT is built on the Optimism (OP) network (contract address: 0xeF4461891DfB3A…27945) and functions primarily for:
• Governance: holders can vote on protocol changes
• Staking: users can stake WCT (1 week–2 years) and earn rewards
• Node/Wallet incentives: performance‑based rewards for operators
• Future fee payment: possibly used for protocol fees upon community vote
