Connecting all wallets to DeFi made easier – Introducing WalletConnect & token WCT

@WalletConnect is an open-source protocol (initiated in 2018 by Pedro Gomes) that connects self-custody wallets to decentralized applications (dApps) on Web3. Instead of using a browser extension, users only need to scan a QR code or click a deep link, with all transactions being end-to-end encrypted and private keys not being exposed.

WalletConnect supports over 300 blockchains and 500+ types of wallets, becoming a flexible bridge for DeFi platforms, NFTs, and multi-chain like Ethereum, Solana, Polkadot… ().

⸻

🔐 WCT – the foundational token of the WalletConnect network

$WCT is the ERC‑20 token of the WalletConnect Network, designed for:

• Staking & reward: Participants operating nodes, wallets, or dApps are rewarded with WCT for contributing connections.

• Governance: WCT holders can participate in voting on network development proposals, including service fees and protocol upgrades.

• Fees & incentives: WCT is expected to be used for paying relay fees and premium services as the network matures ().

Starting from 15/04/2025, WCT has been fully activated for transfer between wallets – a significant milestone for the maturity of the ecosystem #WalletConnect .

⸻

✅ In summary

WalletConnect is a secure, multi-chain wallet and dApp connection solution, supporting millions of users. The WCT token plays a key role in security, governance, and ecosystem development, marking an important step towards becoming a complete decentralized network.

Note: Crypto is always volatile, please do thorough research before participating.