🚀 What is the WalletConnect Token (WCT)?
WCT is the native token of the WalletConnect platform, the protocol that connects over 600 wallets and 65,000 decentralized applications (dApps), serving as the gateway for users to a flexible and unified Web3 experience.
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🔍 Why is WCT important?
- Represents ownership and governance within the WalletConnect network
- Operates on the Optimism OP network, ensuring high speed and security
- Used for funding services, community rewards, network security, and protocol management via DAO
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📊 The four core functions of the token:
Function Short Description Fees Build a future economic model based on actual usage
Rewards Allocate 17.5% of the supply to incentivize active contributors Staking Support security and operations in exchange for tiered incentives Governance Transition to DAO to empower the community to make decisions---
🎯 The big picture
WCT is not just a token, but a decentralized enabling layer for the user experience in Web3. It establishes a fair economic system and places the community at the heart of every decision.
