The choice of hundreds of millions of users, yet its value has always been underestimated, reconstructing the cornerstone of Web3 connections—@WalletConnect
WCT itself is impeccable, with a wide range of practical applications and extremely frequent use. It is not an exaggeration to say that this is the most promising traffic entry for the future of Web3.
WCT Token—Diversification from governance to ecological incentives
Core Functions of the Token
- Used for fee payments
WCT will serve as the primary payment medium for network service fees. For example, DApp developers can pay connection fees based on monthly active users. Although there is no charge in the initial stage, this mechanism lays the foundation for the long-term sustainability of the network.
- Staking and rewards
Currently, over 106.5 million WCT have been staked, with 305,000 addresses participating in network maintenance. Stakers receive rewards based on the duration and amount staked, while node operators can earn WCT based on performance metrics such as online duration and response speed, forming a positive feedback mechanism of 'contribution equals reward'.
- Community governance
WCT holders can vote on key proposals such as protocol upgrades and fee models.
$WCT The price has been converging between 0.325 and 0.335 for several consecutive days, forming a clearly defined area of concentrated chips. This usually indicates that the market has entered a balanced period and is a key area for the alternation of bullish and bearish forces.
