WCT (WalletConnect Token) Details.👀
WalletConnect is an open-source protocol enabling secure connections between decentralized applications (dApps) and crypto wallets. The WCT token, native to the WalletConnect ecosystem, serves governance and utility purposes, allowing holders to vote on protocol upgrades and participate in network decisions.
Built on Ethereum (ERC-20), WCT facilitates staking, fee discounts, and access to premium features. The total supply is capped, ensuring scarcity. WalletConnect aims to enhance interoperability across blockchain networks, prioritizing decentralization and user control.
WCT’s value derives from its role in securing and scaling the WalletConnect infrastructure. Partnerships with leading wallets and dApps boost adoption. Future developments may include cross-chain expansion and enhanced DeFi integrations, positioning WCT as a key player in Web3 connectivity.