$WCT New Governance Paradigm: Making Every Holder an Eco-Master
The decentralization of Web3 is not only a technical concept but also requires the support of governance mechanisms. @WalletConnect , as the core protocol connecting 47.5 million users, over 600 wallets, and 65,000+DApps, has built a governance system that balances fairness and efficiency with $WCT , allowing every holder to truly participate in ecosystem decision-making and redefine the distribution of power in Web3.
#WalletConnect has become the 'invisible backbone' of Web3 since its launch in 2018, with 300 million connections backed by its strong cross-chain interoperability and security, which gives this backbone a 'nervous center'—holders obtain voting rights by staking tokens, deciding on key matters such as technical upgrades and incentive models. This design of 'staking equals governance' deeply binds user interests with ecosystem development.
The voting rights calculation of WCT is full of wisdom: the base weight is determined by the amount of stake, while the lock-up duration further amplifies the weight. Long-term supporters gain more say, while the voting power cap for a single address is set at 5% to prevent monopolization by a few individuals. Currently, over 286,000 people hold WCT, with 127 million tokens staked, and the community is pushing @walletconnect to introduce new features like smart sessions. #WalletConnect proves that governance is not a game for the few, but a future of the ecosystem co-written by every participant.
The governance practices of #WalletConnect set a benchmark for Web3. Here, $WCT is not just a token but the 'ticket' for eco-masters, transforming decentralization from a slogan into a tangible reality.