#WalletConnect (WCT) is an open-source protocol designed to facilitate a secure connection between cryptocurrency wallets and decentralized applications (dApps). This system allows users to link their wallets to dApps via a QR code or a deep link, eliminating the need for browser extensions and complicated setups.

The WalletConnect token (WCT) is a native asset that powers governance, protocol updates, and potentially covers transaction fees within the dApps. Additionally, WalletConnect is compatible with multiple blockchains such as Ethereum, Solana, and Bitcoin, making it a versatile tool for the Web3 ecosystem.