How @WalletConnect Enhances Decentralized UX with $WCT

The WalletConnect Network has built a decentralized user experience ecosystem powered by its staking platform and WCT token. It connects over 600 wallets and 6,000+ dApps, enabling 300 million interactions making it one of the most vital protocols in Web3.

WalletConnect’s flexible staking lets users choose lock-up periods from 1 week to 2 years, with staking weight (stWCT) increasing over time for example, staking 1000 $WCT for 1 year grants 250 stWCT. Rewards are distributed weekly with a max APY of 23%. Over 59,000 users have staked a total of 123 million $WCT, reflecting strong community engagement.

The $WCT token powers governance and rewards within #WalletConnect , enabling holders to vote on network decisions via Snapshot or earn incentives through Layer3 activities.

In 2024 Season 1, an airdrop of 185 million $WCT rewards node operators and GitHub contributors. The WalletConnect Reown WalletKit SDK supports developer integrations, with upcoming features including enhanced governance and cross-chain bridges.

WCT is the cornerstone of WalletConnect’s decentralized UX vision, driving a more connected Web3 future.