In the world of Web3, users need to prepare different wallets for each blockchain, and developers must customize integration solutions for each chain—this fragmentation dilemma is being completely rewritten by a token called WCT. When WalletConnect and Wormhole achieved deep cooperation to realize the native cross-chain transfer of assets between Solana and Ethereum, we witnessed not only a breakthrough in technology but also the rise of a 'chain-agnostic' infrastructure covering 240 million connections and 38 million wallets.
Core content:
1. Multi-chain native architecture: Evolution from protocol to network
The breakthrough in the underlying technology of the WCT token lies in its unique dual-chain relay network. By integrating Wormhole’s Native Token Transfer (NTT) technology, WCT achieves a cross-chain mechanism of 'burn and mint', ensuring the native nature of assets on chains like Solana and Optimism. For example, users staking WCT on Solana to participate in liquidity mining can simultaneously receive SOL and WCT rewards. This 'dual incentive' model has led to over $120 million in locked assets in the WCT ecosystem on Solana within two weeks.
2. Three-dimensional ecology of token economy
The token distribution mechanism of WCT is ingeniously designed: 27% of the total supply is managed by the foundation to support developer grants and security audits; 17.5% is allocated as staking rewards, with 5% released in the first year to incentivize node operators to maintain network security. More innovatively, WCT adopts 'dynamic staking weight'; the longer users lock their tokens, the higher their governance voting rights and returns. Users locking for 2 years can enjoy an APY three times higher than that of short-term staking. As of August 2025, the staking rate of WCT has exceeded 60%, with only 186 million tokens in circulation, creating scarcity support.
3. Strategic cooperation for ecological expansion
WalletConnect's multi-chain layout is not limited to the technical level. Its collaboration with Shopify makes it the first mainstream e-commerce platform to support USDC crypto payments, allowing users to complete transactions by connecting WCT to MetaMask, with transaction fees as low as $0.01. In the DeFi space, the integration of WCT with Kabila App allows users to cross-chain call real asset data on the Hedera chain with one click, such as real-time queries of the liquidity of $380 million corporate debt tokens. This 'payment + data' dual-driven approach led to over $24.9 million in trading volume on the first day of WCT's launch on Binance Launchpool.
