Cryptocurrency $WCT (WalletConnect Token) is the native utility token of the @WalletConnect protocol, designed to support its cross-chain messaging relay architecture and enhance the connection of wallets and dApps across more than 300 blockchains. The token will be deployed to the Optimism OP mainnet in 2024, with a fixed total supply of 1 billion tokens, adhering to the principles of verifiable supply and controllable inflation.
The incentive model of WCT is designed to guide participants to contribute to the security, availability, and scalability of the protocol. As of now, the #WalletConnect network has processed over 150 million connections, serving 23 million unique user addresses. $WCT plays a key role in maintaining a trustless messaging architecture, accelerating the construction of a user-centric Web3 experience layer.
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