From the precise distribution of 185 million airdropped tokens to the governance model of dynamic staking weights, WCT is reconstructing the value distribution logic of Web3 with the design of **'Data as Asset' and 'Participation as Power'**. How will this token-driven community experiment break the industry's vicious cycle of 'governance tokens becoming speculation tools'?
In-depth analysis:
1. Airdrop mechanism: Quantifying the value of technical contributors
WCT's airdrop plan is not a simple 'scatter tokens', but an **'innovative practice of behavior mining'**:
◦ Triple scoring system: User scores are determined by network usage (number of connections, number of signatures), on-chain activity (wallet balance, NFT minting), and **historical behavior (token holding period)**. This design grants higher weight to early developers, high-frequency users, and long-term holders.
◦ Anti-sybil design: Through on-chain data cross-validation and identity authentication, WCT's airdrop precisely filters 160,000 qualified users, preventing opportunists from eroding ecological value.
2. Governance structure: From foundation-led to DAO autonomy
WalletConnect's decentralization advances in three stages:
◦ Technical committee transition: Initially, the foundation manages core infrastructure, while the technical committee is responsible for protocol upgrades (such as the recently fixed XSS vulnerability).
◦ Functional committee decentralization: In Q3 2025, a relay node committee and a developer incentive committee will be established to manage network service pricing and grant distribution, respectively.
◦ Complete DAO governance: Starting in 2026, WCT holders will vote to decide fee model parameters (such as relay service fee rates) and technical roadmap, with the foundation retaining only emergency proposal rights.
3. Community experiment: Paradigm shift from Token to Tool
Recent innovative practices in the ecosystem validate WCT's governance potential:
◦ Seasonal wallet voting: Users can vote for the 'Best Wallet of the Quarter' by staking WCT, with the winning project receiving a development grant of 500,000 WCT, providing exposure opportunities for niche innovative wallets.
◦ Developer competition DAO: The community-initiated 'Cross-Chain Interaction Challenge' has attracted 150 teams from 23 countries, with winners not only receiving WCT rewards but also having their solutions incorporated into protocol standards.
