1. Core Utility & Governance:
▶ $WCT is the native governance and utility token for the WalletConnect ecosystem.
▶ Holders can vote on protocol upgrades, fee structures, and treasury allocations.
▶ Community-led decisions will eventually move WalletConnect toward a fully decentralized infrastructure.
2. Fixed Supply & Controlled Tokenomics:
Total supply capped at 1 billion $WCT no endless inflation like some governance tokens.
Initially non-transferable to avoid speculation and ensure fair distribution, but since April 2025 it became transferable, opening secondary market activity.
Token design prioritizes sustainability, fairness, and gradual decentralization.
3. Staking, Incentives & Rewards:
▶ Node operators, wallets, SDK developers, and relays can stake WCT and earn rewards.
▶ Incentives are tied to network reliability, uptime, and service quality, ensuring only high-performing nodes thrive.
▶ Creates a self-reinforcing cycle: more usage → more transactions → more fees → more rewards for stakers.
4. Multi-Chain & Chain-Agnostic:
▶ WalletConnect already supports 300+ wallets and 1000+ dApps across Ethereum, BNB Chain, Solana, Cosmos, Polkadot, Bitcoin, and more.
▶ WCT plays a role in sustaining this infrastructure, making it one of the most widely integrated middleware tokens in Web3.
▶ As cross-chain adoption rises, WalletConnect becomes a critical layer of interoperability.
5. Security & Privacy:
▶ Uses end-to-end encryption between wallets and dApps, with no data stored on centralized servers.
▶ WCT ensures incentives for relay operators, strengthening privacy and resilience of the protocol.
▶ The decentralized relay network reduces the risk of downtime, censorship, or surveillance.
6.Ecosystem and Growth Potential:
▶ WalletConnect is already a default integration standard for top wallets like MetaMask, Trust Wallet, Rainbow, Argent, etc.
▶ As DeFi, NFTs, and on-chain gaming expand, WCT captures utility demand from billions of future crypto users.
The token aligns the interests of wallets, dApps, and users in a single ecosystem.
⚠️ Challenges & Risks:
▶ Governance centralization risk: Large holders could dominate voting if participation is low.
▶ Adoption dependency: $WCT ’s value strongly depends on WalletConnect’s continued dominance as the wallet–dApp standard.
▶ Liquidity risk: Since transfers only became available in 2025, liquidity is still building.
▶ Competition: Rivals like Web3Auth, RainbowKit, and direct wallet SDKs may reduce dependency on WalletConnect.
▶ Bottom line:@WalletConnect isn’t just another governance token. It represents the backbone of wallet–dApp connectivity in Web3, with clear utility, fixed supply, staking rewards, and multi-chain support. If adoption continues, WCT could become a critical infrastructure token across all of crypto.
