🔥Why $WCT Matters: Governance, Staking & Network Power🔥👇
$WCT isn’t just speculative it powers governance, staking, and relay functionality on WalletConnect’s ecosystem.
A recent governance proposal introduced perpetual staking with durations from 4 to 104 weeks, enabling users to stake 65% of circulating WCT (121M tokens) at 22% APY.
This model supports decentralization through increased staking depth, but flexible unlocks mean sustained volatility risk if stakeholders exit quickly. Real success hinges on sustained lockups and developer adoption.
