WCT Foundation's Ecological Grant Cases**
The WalletConnect Foundation has utilized 27% of its held WCT to fund multiple ecological projects. For example, it has allocated funds to a team to develop a "Multi-Chain Connection Aggregation Tool" to simplify the process for users switching between different public chain dApps; it supports decentralized social dApp access protocols to expand application scenarios. After these funded projects went live, the average monthly connection count increased by 30%, indirectly boosting the staking demand for WCT. The foundation selects projects through an open bidding process, prioritizing proposals that can address ecological pain points, ensuring that the funds invested yield actual benefits and promote the continuous expansion of WCT application scenarios.