How $WCT Bolsters WalletConnect’s Network Security
Security is at the heart of any decentralized protocol, and WalletConnect tackles it through both robust infrastructure and incentive mechanisms. While the protocol already guarantees end-to-end encrypted connections between wallets and dApps, $WCT adds an extra layer by aligning the interests of users, validators, and governance participants.
When users stake $WCT, they’re essentially putting skin in the game, supporting the network’s long-term stability. This staked capital acts like a safeguard—ensuring that only committed participants can influence governance or take on validator roles as the protocol evolves. With over 122 million already locked and nearly 49,000 stakers, WalletConnect benefits from a strong, engaged community.
The yields—up to 22% APY—aren’t just incentives; they reflect the balance between risk and reward, as well as the value of active participation. The “stake weight” system further reinforces security by giving credit not just for the amount staked, but also for how long it’s locked.
By combining encrypted communication with a decentralized, token-driven governance model, WalletConnect builds security directly into its core. doesn’t just support the network—it helps ensure it stays secure, community-driven, and resistant to potential threats. In today’s Web3 landscape, this dual-layer approach is more important than ever.
