🔗 $WCT : The token that enhances network @WalletConnect and facilitates interaction with Web3
Network #WalletConnect is the bridge that links users' wallets with decentralized applications (DApps) seamlessly, but with the launch of token WCT, the protocol has entered a new phase.
Token WCT is not limited to governance only; it forms an incentive system that ensures the sustainability of network operation by incentivizing service providers (Relayers) through staking-based rewards and fee payments.
This model enhances the security of the network and increases community participation in its development and making critical decisions through voting.
But as is the case in any tokenomics system, attention must be paid to the distribution of tokens and the degree of centralization of supply, as this can affect price stability and user confidence.
📣 In your opinion, do the tokens that enhance governance increase the stability of the network, or do they create excessive complications? Share your perspective.
