#WalletConnect @WalletConnect WalletConnect is considered a fundamental pillar in the Web3 ecosystem and its opinion in the market is overwhelmingly positive. It is not a wallet in itself, but a protocol that acts as a universal and secure bridge between cryptocurrency wallets and decentralized applications (dApps).
The WCT Token and Its Future
Recent launch: The native token of WalletConnect, WCT, was launched at the end of 2024. Its main purpose is to drive the decentralization of the network and community participation.
Use cases: The WCT has key utilities such as:
Governance: Token holders can propose and vote on improvements in the network.
Staking: Users can stake their tokens to support security and earn rewards.
Rewards and incentives: The token rewards node operators and wallet providers to foster a strong and reliable infrastructure.
Fee structure: In the future, WCT could be used to pay for premium services on the network.