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🔗 WCT: The token that enhances the WalletConnect network and facilitates interaction with Web3
The WalletConnect network is the bridge that connects user wallets with decentralized applications (DApps) seamlessly, but with the launch of the WCT token, the protocol has entered a new phase.
The WCT token is not limited to governance alone, but forms an incentive system that ensures the sustainability of the network's operation by incentivizing service providers (Relayers) through staking-based rewards and fee payments.
This model enhances the network's security and increases community participation in its development and decision-making through voting.
However, as is the case in any tokenomics system, attention must be paid to the distribution of tokens and the degree of centralization of supply, as this may affect price stability and user trust.
📣 In your opinion, do the tokens that enhance governance increase the stability of the network, or do they create unnecessary complications? Share your perspective.
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