is fully moving towards a decentralized network, with on-chain governance features set to launch in the first half of 2025, allowing token holders to directly participate in decisions regarding protocol upgrades, fee mechanisms, and more. At the same time, the protocol plans to implement a permissioned node opening mechanism and node operation incentives to support network security and decentralized development.
In terms of ecological applications, WalletConnect will focus on the 'Smart Sessions' feature, allowing authorization without the need to sign each time. Optimizations such as 'Link Mode' and 'One-Click Auth' will also enhance usability. Additionally, the network will expand to include more chains like Solana and will launch the 'Total Value Facilitated' (TVF) metric to quantify the ecological usage value.
The role of token will continuously strengthen, including for payment of network fees, staking node rewards, and ecological governance and incentive distribution. Currently, 121 million tokens have been staked with an APY of up to 22%, and airdrops are being made to Solana users to promote cross-chain growth.
Overall, WalletConnect is accelerating its transformation from a 'connection protocol' to 'decentralized infrastructure', with significant improvements in governance weight, incentive mechanisms, and ecological participation.
