The WalletConnect Token (WCT) is the native utility token of the WalletConnect protocol, which facilitates secure communication between cryptocurrency wallets and decentralized applications (DApps). WCT was officially listed on Binance on April 15, 2025, and is available for trading in pairs such as WCT/USDT, WCT/USDC, WCT/BNB, WCT/FDUSD, and WCT/TRY .
🔹 How to Earn WCT Tokens on Binance
Prior to its listing, Binance users had the opportunity to earn WCT tokens through the Binance Launchpool by staking BNB, FDUSD, or USDC. The farming period ran from April 11 to April 14, 2025, with a total reward pool of 40 million WCT tokens distributed as follows:
BNB Pool: 34 million WCT (85% of rewards)
FDUSD Pool: 2 million WCT (5%)
USDC Pool: 4 million WCT (10%)
Participants were required to complete Binance's KYC process, and there were hourly caps to ensure fair distribution:
FDUSD: 2,083 WCT/hour
🔹 What Is WalletConnect?
Founded in 2018, WalletConnect is an open-source protocol designed to securely connect crypto wallets to decentralized applications. It enables users to establish connections through QR code scanning or deep linking, eliminating the need for browser extensions or manual address input. The protocol supports multiple blockchain networks, including Ethereum, Solana, Cosmos, Polkadot, and Bitcoin .
The WalletConnect Network operates through several key components:
Relay Service: Facilitates end-to-end encrypted connections between wallets and applications.
Service Nodes: Store encrypted messages and facilitate efficient data retrieval.
Gateway Nodes: Optimize connection speeds and reduce latency.
The network is designed with decentralization in mind, gradually transitioning from a permissioned environment to a fully permissionless model to enhance resilience and censorship resistance .
🔹 WCT Tokenomics
Total Supply: 1 billion WCT tokens
Initial Circulating Supply at Launch: 186.2 million WCT (approximately 18.62% of total supply)
