#WalletConnect @WalletConnect $WCT
In the rapidly evolving world of blockchain infrastructure, incentivizing innovation is key to sustained growth. At Binance Square, we believe in rewarding the creators — the developers and teams building the foundational layers that power applications, services, and the broader ecosystem. That’s why today, we are thrilled to launch the WCT Rewards for Base Builders program — a new initiative designed to support, incentivize, and recognize contributors to our Base protocol.
Why Reward Base Builders?
The Base protocol is the critical infrastructure underpinning many decentralized applications in our ecosystem. Builders who enhance it — whether by improving scalability, security, tooling, or developer experience — generate exponential value for everyone. However, their efforts often go unnoticed or uncompensated in traditional models.
With the WCT Rewards program, Binance Square is shifting that paradigm. We want to:
Encourage innovation: Catalyze new tools, libraries, submodules, and enhancements.
Foster longevity: Support ongoing maintenance and iteration, not just one-off contributions.
Align incentives: Ensure protocol-level contributors share in the success they help create.
Grow ecosystem health: A vibrant base leads to richer downstream applications and users.
How the WCT Rewards Program Works
Here’s an overview of how developers and teams can participate and benefit:
1. Submission & Proposal
Builders submit proposals or contributions to the Base protocol. These might be in the form of software modules, performance optimizations, security reviews, tooling, documentation, or developer SDKs. Each contribution should clearly define goals, scope, timeline, and impact.
2. Evaluation & Scoring
A committee of protocol architects, core contributors, and Binance Square engineers will assess submissions based on criteria such as:
Technical merit & innovation
Real-world impact & adoption potential
Long-term maintainability
Security & auditability
Alignment with ecosystem goals
3. Allocation of WCT Tokens
Accepted proposals are awarded WCT tokens (WalletConnect Tokens) as rewards. These tokens serve as both incentive and recognition. The quantum of rewards depends on the committee’s scoring and the proposal’s roadmap.
4. Milestone-Based Disbursement
To ensure accountability and progress, disbursement of WCT happens in phases — typically tied to milestones (e.g. design, prototype, testing, deployment). Builders must report results and deliverables at each stage to unlock subsequent rewards.
5. Ongoing Monitoring & Feedback
Post-deployment, contributions will be monitored for adoption, performance, and community feedback. Exceptional contributions may receive bonus top-ups or extended support.
What Can Be Rewarded?
The possibilities are broad — here are some example areas that are eligible:
Protocol enhancements (consensus, execution, data availability)
Performance and scaling improvements (gas optimizations, parallel execution)
Security audits, fuzzing, or formal verification
Developer tooling (SDKs, debuggers, devops tools)
Infrastructure modules (e.g. monitoring, metrics, observability)
Bridge integrations, interoperability components
Documentation, tutorials, and educational resources
Why WCT and Why Now?
Aligned tokenomics: By rewarding base-level contributions with WCT, we embed incentive alignment deeply into protocol economics.
Community first: WCT is purpose-built to uplift the developer community. It is not just a token, but a signal of recognition.
Momentum & timing: As Binance Square scales its ecosystem, now is the moment to ensure foundational work is well-resourced.
Sustainability: This is not a one-time grant. The program is designed to run over multiple phases, evolving as the ecosystem needs evolve.
How to Get Started
1. Join the Binance Square Developer Forum & Discord
Engage with core contributors, ask questions, and refine your idea.
2. Prepare a formal proposal template
Include overview, motivation, deliverables, timeline, and metrics. Binance Square will publish a template to standardize submissions.
3. Submit your proposal to the WCT Rewards portal
After internal review, you may be invited to present or discuss with the evaluation committee.
4. Upon acceptance, begin your contribution and deliver milestones.
As you progress, submit reports and demos to unlock further rewards.
Long-Term Vision
Our vision is a thriving, decentralized, and self-sustaining Base ecosystem on Binance Square — driven by empowered builders. This WCT Rewards program is a first major step toward that. Over time, we aim to:
Expand funding pools and diversify reward mechanisms
Introduce community voting and governance participation
Build mentoring and collaboration networks
Foster downstream applications that benefit from base-level upgrades
Innovation thrives when builders are supported. With the WCT Rewards for Base Builders program, Binance Square is putting our money where our values are: rewarding the creative, technical force behind the scenes. If you believe in building the future of blockchain infrastructure — and want to be recognized and rewarded for it — now is your moment to act.
Let’s build the foundation. Together.