In the WalletConnect ecosystem, WCT is not just a token to buy and sell in the market. It is the key to power that helps you participate deeply in the network's activities.
With the vote-escrow staking model, you can lock WCT to receive veWCT – a non-transferable token that gives you a strong voice and long-term rewards.
🔐 veWCT's Unique Points
No need to provide liquidity (No LP) → Eliminates impermanent loss risk.
No “farm and sell” (No farm-and-dump) → veWCT cannot be traded, so it doesn't create selling pressure on the market.
Profits from real value → Reward sources come from network fees, DAO incentives, and protocol usage, rather than printing more new tokens.
🧭 What Are You “Farming”?
1. Governance Weight
The longer you lock WCT, the more veWCT you receive. This gives you a bigger voice in network and DAO decisions.
This mechanism encourages long-term commitment instead of short-term speculation.
2. Real profits, not phantom APR
The reward source of veWCT comes from:
Transaction fees from relay and network activities
DAO fund allocation
Exclusive pool for long-term stakers
No new tokens minted → No dilution of value → Profits tied to the real development of the ecosystem.
3. Simple & Safe
No need to participate in AMM, no worries about price fluctuations between LP pairs.
You just stake – lock – receive rewards → neat, transparent, centralized.
👀 Personal Perspective
Most yield farming models today reward liquidity, but WalletConnect rewards loyalty.
veWCT turns staking into real power:
You are not just making profits
You are also shaping the future of the protocol
This is not an APR race, but a journey to build a healthy token economy with DAO at the center.
🗨️ Questions Raised
Are you willing to stake for influence and governance rights?
Is veWCT the model for a more transparent, sustainable token economy?
♡𝐥𝐢𝐤𝐞💬 ➤ #WalletConnect @WalletConnect $WCT