The $WCT token forms the economic backbone of @WalletConnect ’s decentralization, designed to power governance, staking, and network incentives. Capped at 1 billion tokens, WCT is allocation-balanced to reward early adopters, fund ecosystem growth, and support node operator staking rewards.
Token utility centers on governance voting rights, allowing holders to shape protocol upgrades, fee structures, and strategic initiatives through on-chain proposals and votes. Staking mechanisms encourage long-term commitment by increasing rewards and governance weight with longer lock periods up to four years. This design reduces token velocity and aligns incentives.
Node operators stake $WCT to secure the relay network, receiving rewards tied to uptime, latency, and throughput performance. Wallets and dApps earn token incentives based on integration depth and user engagement metrics, fostering an expansive ecosystem.
Future token value accrual hypotheses include fee-generating smart session features and premium services payable in $WCT, creating sustainable demand. Select ecosystem grants and liquidity incentives further strengthen adoption momentum.
This carefully architected tokenomics model fuels a trust-minimized, community-driven network, with $WCT underpinning #WalletConnect mission to unlock seamless, secure multi-chain experiences.
