@WalletConnect : Powering the Next Generation of Onchain Connectivity with $WCT
The Foundation of Web3’s Trusted Infrastructure
As Web3 evolves into a decentralized, user-first internet, one challenge has stood out — connecting users securely to decentralized applications. Since 2018, WalletConnect has addressed this need, becoming a critical bridge between wallets and dApps.
Now integrated with over 700 wallets and 61,000+ apps, the protocol enables 20 million+ secure connections monthly, serving over 45 million users across chains. It’s the silent infrastructure behind swaps, staking, NFTs, and every major DeFi interaction.
From Centralized Reliability to Decentralized Resilience
In 2023, WalletConnect took a major step forward by launching its v2 protocol, designed to scale across chains and applications. By 2024, it began onboarding node operators — supported by leading organizations such as Consensys, Ledger, and Nansen — to decentralize its network and eliminate single points of failure.
This shift transforms WalletConnect into a permissionless, community-governed protocol, with resilience and scalability built in.
Introducing $WCT: The Utility Token Powering the Ecosystem
At the center of WalletConnect’s evolution lies the WalletConnect Token ($WCT ) — a governance and utility token enabling full decentralization. It delivers four core functions:
Fees: Used to pay for protocol usage via a Monthly Active User (MAU) model
Staking: Secures the network while allowing users to earn yield
Rewards: Distributed to node operators, apps, and wallets based on performance
Governance: Empowers holders to vote on protocol changes and fee models
Growth-Driven Tokenomics with Fair Distribution
$WCT has a fixed supply of 1 billion tokens, distributed as follows:
Foundation – 27%
Airdrops – 18.5%
Team – 18.5%
Contributor Rewards – 17.5%
Backers – 11.5%
Core Development – 7%
WalletConnect’s Community Token Round welcomed 18,000+ participants from 100+ countries.