Exciting news for you who follow the crypto world! Binance has just announced that their 67th project in Launchpool is... WalletConnect Token (WCT)! 🎉
Starting April 11, 2025, you can start farming WCT just by staking BNB, FDUSD, or USDC. So, no need to rush to buy the tokens on the market; you can get them right from the source.
Note the Important Dates
Farming starts: April 11, 2025, at 07:00 WIB
Trading opens: April 15, 2025, at 18:00 WIB
Can be traded with: USDT, USDC, BNB, FDUSD, and TRY
🧩 What is WalletConnect?
So, here's the thing... WalletConnect is like a 'bridge' that allows your wallet to connect to various Web3 applications. For example, if you want to connect to Uniswap or OpenSea, WalletConnect is what helps with all of that.
They have been active since 2018 and are now used by over 45 million people worldwide. They have facilitated over 275 million connections between wallets and applications. Crazy, right?
Even last month, they helped facilitate 18 million connections in just one month. You could say WalletConnect is like the WiFi of the Web3 world; without it, many connections wouldn't work.
🪙 WCT, A New Token That's More Than Just a Token
WalletConnect is now taking a new step by releasing their own token, called WalletConnect Token (WCT). But this is not just any token, its function is very important for running the entire network.
Main functions of WCT:
Network Payment Fee
WCT will be used to pay for services on the WalletConnect network, especially for connecting wallets and applications.
Rewards for the Community
There is an allocation of 17.5% of the total supply specifically for community rewards! This includes wallet providers, node operators, and anyone who helps keep the network active and stable.
Staking
WCT tokens can be staked to earn rewards and help maintain network stability. The longer and larger your stake, the bigger the reward. But don't worry, there are mechanisms to prevent over-centralization.
Governance
This is the cool part—WCT holders can have a say in determining the future of the network. Want to change the fees? Want to allocate new rewards? Everything can be proposed and decided together with the community.
📊 How is WCT Distributed?
The total WCT token supply is 1 billion. Not all of it is sold to the public, but it is distributed evenly to ensure fairness and sustainability:
27% for the WalletConnect team and development
18.5% for airdrops (free rewards to users & devs)
18.5% for the core team
17.5% for community rewards
11.5% for early investors
7% for technical development
🛠️ WalletConnect is Serious
WalletConnect also has a long-term plan to become an open and community-owned network. They are now starting to invite major companies like Consensys, Ledger, Nansen, and others to help become network operators.
Last year (2023), they connected 41 million connections. This year? They've already surpassed 179 million connections! The growth is amazing 💥
💸 This Token is Hot Before Launch!
Before listing on Binance, the WCT token already had a lot of interest:
On CoinList, the target was only $4 million, but registrations reached $15.5 million!
At Echo, sold out in just 11 seconds!
On another platform, $4 million was gone in 2 hours, and there were more than 67 thousand participants who committed a total of $326 million!
WCT has been in high demand since the beginning. Now you can also participate in farming on Launchpool!
How to Participate in WCT Farming at Binance Launchpool?
1. Open Launchpool
Log in to your Binance account, then search for 'Launchpool' in the search menu.
2. Choose WCT Token
You can use BNB, FDUSD, or USDC for staking. Choose according to what you have.
3. Start Farming
Once you start staking, you will automatically start collecting WCT!
4. Claim Rewards
The tokens you earn can be claimed every day. It's super easy, just click 'Claim'.
5. Use Your Tokens
WCT that you have earned can be traded, saved, or exchanged for rupiah through Binance.
ℹ️ Important Information about WCT Launchpool
Total Token Supply: 1,000,000,000 WCT
Launchpool Reward: 40,000,000 WCT (4%)
Learn & Earn Campaign: 10,000,000 WCT
Supply that Will Be Listed: 186,200,000 WCT (18.62%)
Network: OP Mainnet
Pool & Rewards:
BNB Pool: 34,000,000 WCT (85%)
FDUSD Pool: 2,000,000 WCT (5%)
USDC Pool: 4,000,000 WCT (10%)
Farming Period:
April 11, 2025 (07:00 UTC+7) to April 15, 2025 (06:59 UTC+7)
Want to be part of the future of crypto? This is the perfect moment. Let's farm WCT right now and be part of this great movement! 🚀
