#walletconnect @Wallet Connect WalletConnect is a widely used open-source protocol that allows users to securely connect their cryptocurrency wallets to decentralized applications (dApps) without exposing their private keys.

⸻ WCT is the native utility and governance token of the WalletConnect ecosystem. WalletConnect is a protocol that lets users connect crypto wallets to decentralized apps (dApps) securely. Helps decentralize the WalletConnect protocol through community governance.

• Encourages ecosystem growth by funding development and partnerships.

• Adds an economic layer on top of a widely used wallet connection protocol.

⸻

WCT Token Uses:

• Governance: Holders can vote on protocol upgrades, features, and community decisions.

• Incentives: Used to reward contributors, developers, and users who help grow the WalletConnect ecosystem.

• Staking: May allow token staking for securing parts of the protocol or gaining rewards (depending on project roadm

What WalletConnect Does:

• Secure Connection: It creates an encrypted bridge between a wallet (like MetaMask, Trust Wallet, Rainbow) and a dApp, so you can interact with the app directly from your wallet.

• No Private Key Sharing: Your private keys never leave your wallet, making it safer than entering seed phrases or passwords on websites.