The economic model of WCT revolves around four roles: paid applications, service-providing nodes, users of the network, and governance participants responsible for the rules. Applications pay WCT or equivalent fees for connectivity and sessions, nodes stake WCT to qualify for services and earn rewards or face reductions based on performance, users enjoy a more stable connectivity experience, and governance holders vote on rates, SLAs, directories, and public goods budgets using WCT. The key lies in a clear closed loop: who uses, who pays, who maintains, and who benefits can all be tracked on-chain and in operational ledgers. You are not paying for a 'concept,' but for a 'used network.'
The cash flow and distribution of WCT also emphasize auditability. The network side will summarize fees periodically, first covering the operation and maintenance of relays/routes, and then distributing according to weights to qualified nodes and the public goods pool; governance can adjust rates, settlement cycles, staking thresholds, and reduction parameters. For investors, what matters is not just total revenue, but also the 'payment ratio, ARPU, node distribution, retention, and repurchase.' For WCT to move towards sustainability, it must ensure that 'usage revenue > subsidies,' and subsidies should only be used for cold starts and new area explorations, not as long-term support.
The governance design of WCT needs to be pragmatic. Proposals should not just say 'adjust rates,' but should be tied to observational indicators and rollback points, such as: automatically reverting when active connections drop below a threshold or latency rises to a certain level; automatically increasing staking and reductions when node concentration rises; and enforcing reviews when public goods budgets deviate from targets. Thus, WCT governance is not an emotional vote, but an engineering decision bound to data. In the real world, connectivity is a public utility, and governance must be as strict as operation and maintenance.
The risk points of WCT also need to be clarified: early on, there may be issues like 'ineffective call volume inflation,' 'nodes temporarily converging,' and 'uneven DAO participation.' These problems cannot be solved by slogans, but by verifiable anti-witch rules, reductions and reputation systems, and by hard-binding fees with weights and service quality. When observing WCT, it is recommended to look at five items: distribution of node online rates, disclosures of reductions and incidents, trends in payment ratios, the proportion of the top ten nodes, and the execution rate of governance proposals. As long as these five items are healthy, the relationship between WCT's token and the network will be stable.
