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 Assets' and 'Participation as Power'**. How can this token-driven community experiment break the industry's vicious cycle of 'governance tokens becoming speculative tools'?
In-depth Analysis:
1. Airdrop Mechanism: Quantifying the Value of Technical Contributors
The WCT airdrop plan is not merely a simple 'token distribution', but rather 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 gives higher weight to early developers, high-frequency users, and long-term holders.
◦ Anti-Sybil Design: Through on-chain data cross-verification and identity authentication, the WCT airdrop accurately screens 160,000 qualified users, avoiding exploitation of ecological value by opportunists.
2. Governance Structure: From Foundation-led to DAO Autonomy
The decentralization of WalletConnect progresses in three phases:
◦ 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).
◦ Decentralization of Functional Committees: In Q3 2025, Relay Node Committee and Developer Incentive Committee will be established to manage network service pricing and grant distribution, respectively.
◦ Complete DAO Governance: Starting in 2026, WCT holders can vote to determine parameters of the fee model (such as relay service fee rates) and the technical roadmap, with the foundation only retaining the right to propose emergency measures.
3. Community Experiment: Paradigm Shift from Token to Tool
Recent innovative practices in the ecosystem confirm WCT's governance potential:
◦ Seasonal Wallet Voting: Users can vote for the 'Best Wallet of the Quarter' by staking WCT, and the winning project will receive a development grant of 500,000 WCT, which provides exposure opportunities for niche innovative wallets.
◦ Developer Competition DAO: The community-initiated 'Cross-Chain Interaction Challenge' has attracted 150 teams from 23 countries. Winners not only receive WCT rewards but can also have their solutions incorporated into protocol standards.
