In the rapidly changing Web3 world, WCT tokens (WalletConnect Token) are becoming a key link connecting decentralized applications (dApps) and user wallets. As the primary token of the WalletConnect network, WCT facilitates not only interaction within the blockchain ecosystem but also provides users and developers with a new way to participate through decentralized governance and reward mechanisms.

This article will dive into the features, values, and importance of the WCT token in the Web3 ecosystem, helping you fully understand this potentially limitless cryptographic asset.

What is the WCT token?

The WCT token is the native token of the WalletConnect network, operating on the Optimism Mainnet OP, combining the security of Ethereum with the high speed of the OP mainnet. Since its launch in 2018, WalletConnect has become the standard infrastructure in the Web3 space, providing seamless connections between wallets and dApps through QR code scanning or deep link technology.