🧩 What is WCT?
WCT is the native token of WalletConnect Network, created to drive its mission of facilitating secure connections between wallets and decentralized applications (dApps). It was launched as part of a decentralization strategy that includes staking, governance, rewards, and, soon, fee structure  .
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🌟 Special features
1. Decentralized governance
• WCT allows users to vote on key proposals: technical improvements, usage fee models for relays, reward policies, etc. .
• Only staked tokens (stWCT) can participate in governance, thereby reinforcing long-term commitment .
2. Staking and network security
• Tokens can be locked from 1 week to 2–4 years, granting greater “weight” of vote and reward based on duration .
• Node operators require a minimum stake (e.g. 100,000 WCT for 52 weeks), with incentives adjusted based on uptime and latency; failures may incur penalties (slashing) .
3. Rewards for participants
• Tokens are allocated to nodes, wallets implementing the protocol, developers, and contributors of the ecosystem .
• The initial airdrop distributed 50M WCT, with plans for an additional 185M; these incentives aim to encourage early participation .
4. Service fees (future)
• Although usage is currently free, plans are in place to implement fees (e.g. for relay usage), decided democratically by the community .
5. Supply control and inflation
• Maximum supply of 1,000,000,000 WCT, with allocations for Foundation, team, development, rewards, and airdrops .
• The initial design does not account for inflation in the first 3–4 years to maintain economic stability .
6. Transferability enabled
• From April 15, 2025, WCT will be a fully transferable token, allowing its use in exchanges, staking, and trading .