#WalletConnect @WalletConnect

WalletConnect Token (WCT)

WCT is the native token of the WalletConnect Network and plays a role in decentralizing the protocol. It is used for:

Governance: WCT holders can participate in the network's evolution by voting on proposals such as protocol upgrades and fee structures.

Staking: Users can stake WCT to secure the network and earn rewards.

Network Rewards: Node operators and wallet providers are rewarded in WCT based on their contribution to the network's performance and reliability.

Potential Future Fees: WCT might be used for transaction fees if the community decides through a governance vote.