$WCT
@WalletConnect Connect is a crucial protocol that provides a secure, open-source connection between crypto wallets and decentralized applications (dApps). By scanning a QR code or using a deep link, users can interact with thousands of dApps across various blockchains without exposing their private keys. This end-to-end encrypted method has made blockchain interaction safer and more user-friendly.
The WalletConnect Network, the decentralized infrastructure behind the protocol, has its own native token, $WCT CT. This utility token is used for governance, staking, and incentivizing network participants. $WCT CT holders can participate in voting on network proposals and earn rewards, contributing to the decentralization and long-term stability of the ecosystem.
