Let's talk about $WCT tokenomics.
WalletConnect Token (WCT) is the native ERC-20 token of the WalletConnect protocol, with a total supply of 1 billion tokens.
The token distribution is:
25% to the community,
22.5% to the ecosystem fund,
22.5% to the team (vested over 4 years),
17.5% to investors,
10% to the treasury, and
2.5% to launch contributors.
$WCT is primarily used for governance, allowing holders to vote on protocol upgrades, funding, and treasury use. It will also be used for staking and rewarding contributors.
Community and ecosystem allocations are released gradually. Security is ensured through contract audits and a community multisig for treasury control, reinforcing trust and decentralization in the WalletConnect ecosystem.
