#WCTToken @WalletConnect The WalletConnect Token (WCT) is the native governance and utility token for the WalletConnect Network—a protocol that facilitates secure connections between crypto wallets and dApps via QR codes or deep links. It launched in late 2024 and plays a central role in the network’s move toward decentralization.

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Token Highlights & Functions

Token Supply: Capped at 1 billion WCT.

Core Uses:

Governance: WCT holders can propose and vote on protocol upgrades, fee models, and other network decisions.

Staking: Users stake WCT to secure the network and earn rewards—longer lock-ups yield higher returns.

WCT was initially non-transferable to prevent speculation and maintain stability.

Transferability was activated in April 2025 after community governance approval.

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Token Distribution

Category Allocation

WalletConnect Foundation 27%

Airdrops 18.5%

Team 18.5%

Rewards 17.5%

Backers 11.5%

Core Development 7%

Allocation includes vesting: Team, backers, and development tokens have a 1-year cliff plus 4-year unlock schedule.