How does WCT solve the compatibility issues between DApps and wallets?
#WalletConnect tokens ($WCT ) effectively address the cross-chain compatibility issues between DApps and wallets through standardized protocols and token economic incentives, becoming the 'connective layer infrastructure' of the Web3 ecosystem. Its core solutions include the following three aspects:
1. Unified communication protocol and multi-chain support @WalletConnect
The WalletConnect protocol uses open-source end-to-end encryption (E2EE) technology to achieve a secure connection between wallets and DApps via QR codes or deep links, without exposing private keys. It supports over 60 chains including Ethereum, Solana, and Polygon, and facilitates the cross-chain circulation of native tokens through the Wormhole NTT protocol, allowing developers to integrate the SDK once to cover multi-chain ecosystems.
2. Modular SDK and developer incentives
WCT incentivizes developers to integrate WalletConnect's AppKit and WalletKit toolkits through token rewards, reducing the costs of compatibility development. For example, dApps can pay WCT as a service fee based on monthly active users (MAU), while wallet providers can become relay nodes by staking $WCT, earning network rewards.
3. Decentralized relay network
Traditional centralized relay servers pose a single point of failure risk, while the WalletConnect Network builds distributed relay nodes (such as the Waku network) through the WCT staking mechanism, enhancing the stability and censorship resistance of cross-chain communication. Node operators must stake WCT and participate in governance, further strengthening ecosystem collaboration.
Future challenges lie in balancing the inflation model with network revenue, but $WCT has already become a key hub for solving compatibility issues through technical standardization and economic incentives.
