@WalletConnect #WalletConnect $WCT
## WCT: Decentralized Governance Token Reshaping Web3 Connections
**WCT (WalletConnect Token)** is the native token of the open-source protocol WalletConnect, aimed at solving the cross-chain interaction challenges between crypto wallets and decentralized applications (dApps). As a core part of Web3 infrastructure, its technical architecture is based on the Ethereum Layer 2 network Optimism, featuring high transaction speeds and low cost advantages. It has supported over **600 wallets** and **40,000 dApps**, processing millions of connections daily.
#### Core Functions and Innovative Applications
- **Governance and Staking**: Holders can participate in protocol upgrade votes, stake WCT to earn rewards and enhance network security, with flexible staking periods (from 1 week to 2 years);
- **Scenario Expansion**:
→ In a pilot program in senior living communities, elderly individuals can stake WCT to exchange for on-chain medical consultations and virtual companionship services, covering 800 users;
→ In collaboration with sports event platforms, stakers enjoy priority ticket purchasing rights and on-chain dividends, reducing bonus distribution costs by 40%.
#### Market and Ecosystem Development
The total supply of the token is **1 billion** pieces, with a circulating supply of approximately 186 million pieces (as of May 2025), listed on major platforms such as Binance and OKX. Its value is supported by the expansion of the WalletConnect ecosystem—from DeFi, NFT trading to metaverse interactions—continuously exploring integration with traditional sectors (such as healthcare and sports), promoting the inclusivity of Web3.
WCT is evolving from a technical tool into an economic link connecting the real world and the on-chain world, and may become a key entry point for a decentralized internet in the future.