#WalletConnect Network, designed to boost the infrastructure that facilitates secure connections between wallets and dApps across multiple blockchains, including Ethereum, Solana, Polkadot, Cosmos, and Bitcoin. It operates on Optimism, ensuring speed and security without sacrificing scalability.
Additionally, staking of $WCT can be done for periods ranging from one week to two years, with increasing rewards for longer commitments; moreover, it allows influencing governance through the weight of stake.
17.5% of the total supply is allocated for ongoing rewards for nodes, wallets, and significant contributors to the ecosystem.
Holders of $WCT can participate in community governance by voting on key decisions such as fee structure, technical proposals, and incentive distribution.
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