Analysis of Practical Application Cases of WCT in DeFi

$WCT （#WalletConnect ）as the native token of the WalletConnect protocol, promotes the convenience and security of decentralized finance in the DeFi ecosystem through governance, staking, and cross-chain interactions. Here are its core application cases:

1. Cross-chain DeFi Interaction

WCT is issued on the Optimism OP mainnet and extends to chains like Solana through Wormhole's NTT protocol, allowing users to seamlessly connect wallets and execute transactions on multi-chain DeFi platforms (such as Uniswap, PancakeSwap) without repeatedly switching networks or exposing private keys. For example, users in the Solana ecosystem can directly participate in liquidity mining of Ethereum DeFi protocols using WCT.

2. Governance and Fee Optimization

WCT holders can vote to determine the relay service fee structure of the WalletConnect network, such as reducing the connection costs of DeFi applications. The on-chain governance tool launched in Q2 2025 allows users to propose adjustments to fee rates, and some DeFi projects have achieved zero-fee connections through this mechanism, enhancing user experience.

3. Staking and Liquidity Incentives

Users staking WCT can earn rewards of up to 85% APY (partly from inflation subsidies), while also enhancing network security. DeFi protocols like SushiSwap integrate WCT staking pools, providing additional liquidity mining rewards, forming a “staking-governance-yield” closed loop.

4. Authentication and Secure Transactions

The end-to-end encryption technology of WalletConnect, combined with WCT, provides DeFi users with secure on-chain signature services. For example, the lending protocol Aave uses WCT stakers as verification nodes to ensure the authenticity of loan contract signatures.

Summary: WCT has become a key component of DeFi infrastructure through cross-chain compatibility, community governance, and staking economics. In the future, with the integration of more on-chain protocols, its application scenarios will further expand. @WalletConnect