How to participate in WalletConnect governance voting through WCT? @WalletConnect

1. Holding and Staking

WCT is the governance token of the #WalletConnect network. Holders need to stake tokens to gain voting rights. Staking methods include:

• Flexible Staking: Locking for a period ranging from 1 week to 2 years; the longer the duration, the higher the voting weight and rewards.

• Node Staking: If running a relay node, a minimum amount of WCT must be staked (specifics set by community proposals), while gaining additional governance rights and rewards.

2. Submitting or Voting on Proposals

• Proposal Submission: Submit proposals on the WalletConnect governance platform (such as Snapshot or on-chain voting contracts); content may involve fee adjustments, technical upgrades, or ecosystem fund allocations, etc.

• Voting Phase: Staked WCT is converted to voting rights at a 1:1 ratio, and users choose “For/Against/Abstain” on proposals. For example, the on-chain governance tool launched in Q2 2025 allows direct voting through wallet signatures.

3. Governance Rewards and Risks

• Incentives: High-quality proposal initiators and active voters can share rewards from the ecosystem fund (such as WCT airdrops).

• Precautions: Pay attention to proposal details to avoid being unable to redeem tokens due to the staking period not being over, or voting in support of proposals detrimental to the ecosystem.

Through the above steps, $WCT holders can deeply participate in the network's decentralized governance, jointly shaping the future development of WalletConnect.