$WCT vs. BTR: A Comparative Overview
@WalletConnect Token ($WCT)
Native governance and utility token of the #WalletConnect Network, enabling secure wallet-to-dApp connections.
Key functions: on-chain governance, staking for network security, paying network fees, and incentivizing validators.
Tokenomics: Max supply of 1 billion; ~186 million currently circulating.
#Bitlayer Token (BTR)
Native token of Bitlayer, a Bitcoin Layer 2 solution focused on scalability, efficiency, and security.
Core uses: governance, staking, node voting, and a fee switch mechanism directing protocol revenue to stakers or buybacks.
Tokenomics: Max supply of 2.1 billion (aligned with Bitcoin’s supply cap), allocated across ecosystem incentives, liquidity, treasury, and stakeholders.
Summary:
#WCT enhances multi-chain interoperability and user experience within WalletConnect’s ecosystem, while #BTR drives Bitcoin’s Layer 2 scalability and DeFi capabilities. Selection depends on your interest in cross-chain connectivity versus Bitcoin-focused scaling solutions.
