Brothers, a new player has recently emerged in the crypto circle, and that is WalletConnect Token (WCT). As soon as this thing appeared, it stirred up the crypto world into a frenzy. Today, let's talk about how amazing it really is!
We all know that while the Web3 world has infinite prospects, the current interaction experience is simply a disaster. The connection between wallets and decentralized applications (DApps) is complicated and unsafe, and cross-chain operations are even more difficult, like trying to find a way through a thicket of thorns, making it extremely painful. Moreover, the threshold for users to participate in governance is ridiculously high, and the revenue model is particularly single, which severely hinders the development of Web3.
Just when everyone was having headaches, WalletConnect stepped up. It is the world's leading Web3 communication protocol, like the 'connection master' of the Web3 world. Since its inception in 2018, after years of practical polishing, it has been used by 40 million users and has processed 240 million connection requests, demonstrating its strong capabilities. In April 2025, it launched its native token WCT on Binance Launchpool, directly initiating the super strong mode of 'gamified governance + cross-chain revenue', aiming to redefine the standards of decentralized interaction.
Let’s first talk about the WCT token. It is not just a digital currency but also the core driving force of the entire ecosystem. Technically, the WalletConnect protocol supports over 50 public chains, including Ethereum, Solana, Cosmos, and Bitcoin, using end-to-end encryption technology to ensure secure and smooth connections between wallets and DApps. This 'chain-agnostic' design has already covered over 600 wallets and more than 61,000 applications, acting as a super connector that links all corners of the Web3 world.
Now let's talk about the functions of WCT, which are quite powerful. Holding WCT gives you governance rights, allowing you to vote on key matters such as protocol upgrades and fee models, truly participating in the development of the project. Who knows, one day your vote could change the entire direction of the project. Staking WCT can also earn you a share of the network reward pool, with the annualized yield dynamically adjusted based on staking duration and weight. Simply put, the longer you stake and the more you stake, the more you earn. Moreover, WCT has many practical applications, such as paying for cross-chain communication fees and unlocking advanced features. Operations like multi-chain asset management, which were previously unimaginable, can now be easily achieved with WCT.
From the perspective of tokenomics, the design of WCT is also very reasonable. The total supply is 1 billion tokens, and the initial circulating supply accounts for 18.62%. The core development team and early supporters' tokens will unlock linearly over four years, which significantly reduces the risk of selling pressure and stabilizes the market. Additionally, 30% of the protocol's revenue will be used for buybacks and burns, creating a virtuous cycle of value support that increases the value of WCT.
Let's talk about its gamified governance model, which is really interesting. Just like leveling up in a game, users unlock different levels of rights based on the amount and duration of WCT they stake. The bronze level can gain basic voting rights and airdrop probability bonuses, the gold level has exclusive governance committee nomination qualifications and high-yield pool access, and the diamond level can participate in cross-chain ecological cooperation decisions and receive limited NFT badge rewards. Who can resist that! There's also a task achievement system; completing daily tasks like cross-chain transactions and connecting new DApps can earn you 'contribution points' that can be exchanged for WCT or tokens from ecological cooperation projects. If you meet the cumulative staking duration requirements within a quarter, you can share a 5 million WCT prize pool and unlock cross-border benefits like LPL esports co-branded skins. This benefit is simply over the top!
In terms of cross-chain revenue, WCT also has unique gameplay. By re-staking the liquidity token rsETH, users can stake assets like ETH and BNB to mint standardized tokens rsETH, and then re-stake on platforms like Aave and Compound to achieve a three-fold increase in basic staking income, DeFi mining income, and WCT airdrops. The earnings soar directly. It has also integrated the AI-driven yield aggregator Gain platform, which uses machine learning algorithms to scan APR data of public chains like BNB Chain and Solana in real time, automatically allocating assets to the optimal strategy pool. Users' annualized returns can be 3 to 5 times higher than the average single-chain staking. This is the power of technology! For native BNB Chain users, a dedicated BNB staking pool is also available, supporting direct conversion of BNB into interest-bearing assets like stBNB, while earning WCT token rewards and BNB chain dividends. This is fantastic news for BNB holders.
In order to accelerate ecological expansion, WalletConnect has launched the BNB staker airdrop plan in collaboration with Binance. As long as you stake BNB on the Binance platform, whether in a flexible or fixed manner, and then stake BNB through the Kelp protocol to mint rsETH, you can participate. The basic airdrop is 100 WCT for every 1 BNB staked, based on historical data from Launchpool, which is valued at approximately 50 - 80 USD. The first 10,000 participants can also receive an additional 3 times WCT; the more you stake, the higher the reward tier. Staking BNB continuously for 90 days will also unlock additional LPL event NFT tickets and on-chain support items. Furthermore, this airdrop plan has no lock-up period; users can withdraw their stake at any time, and both the BNB principal and staking earnings are unaffected, achieving an annualized comprehensive return rate of over 30%. This is practically giving away money!
WalletConnect Token has rapidly risen in the crypto space, bringing new hope to the development of the Web3 world with its innovative technology, unique token economic model, and rich gameplay. Brothers, if you want to make a big splash in the crypto world, WCT is definitely worth studying in depth. Who knows, this might be the next opportunity for us to achieve financial freedom!$WCT