#WCT - WalletConnect Token (WCT) is a cryptocurrency that powers the on-chain UX ecosystem, serving as both a reward and governance mechanism. Here are its primary functions

- Rewards: WCT tokens are distributed to incentivize participation and contribute to network security and efficiency.

- Staking: Participants can stake WCT tokens to earn rewards and participate in governance.

- Governance: WCT holders can vote on proposals and changes, giving the community control over the network's development through decentralized governance.

- Fees: Token holders will have the ability to vote on fees charged for network services like relay usage and other future services.