The Role of the @WalletConnect Token $WCT
To facilitate decentralization, WalletConnect introduced the WalletConnect Token (WCT), which plays a critical role in governance and incentivization within the network. The WCT allows stakeholders, from users to developers and node operators, to have a voice in the network’s development. Token holders can vote on network upgrades, improvements, UX innovations and other key decisions, fostering a community-driven approach to the WalletConnect Network’s future.
Incentives through WCT also encourage individuals to operate nodes, helping maintain and expand the decentralized infrastructure. Node operators are rewarded for their contributions to network security and uptime, creating a mutually beneficial ecosystem where active participation strengthens WalletConnect’s infrastructure and value.
