The Major Transformation of WCT – From a Restricted Token to an Open Governance Tool
🔍 In-Depth Analysis
The WalletConnect Token (WCT) has witnessed one of its most significant milestones since its launch over the past few weeks, which is the opening of Token Transferability. This step simply means that the token is now available for free trading among individuals, after being limited to a specific range of accounts and rewards.
This change is not just a technical adjustment, but a qualitative leap in decentralization, as it gives the community the ability to trade the token freely and actively participate in decision-making through voting on governance proposals.
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