#TradingStrategyMistakes . **Utility and Purpose**
WCT powers the WalletConnect ecosystem, a decentralized network facilitating secure connections between 600+ wallets and 54,000+ apps (e.g., MetaMask, Trust Wallet) . Key utilities include:
- **Governance**: Voting on protocol upgrades and fee structures .
- **Staking & Rewards**: 17.5% of total supply allocated to staking rewards for network participants .
- **Fees**:
