1. Core value support
1. Leading position in Web3 infrastructure
WalletConnect, as a cross-chain communication protocol connecting wallets and DApps, has become an industry standard. As of June 2025, its network covers 45 million active wallet users and 275 million connection requests, supporting over 600 wallets and 58,900 application projects. This vast user base and wide range of application scenarios make it an indispensable 'connection layer' in the Web3 ecosystem, directly driving the demand for WCT tokens.
2. Technical advantages and scalability
- Chain-agnostic design: The protocol is compatible with mainstream blockchains such as Ethereum, Solana, Cosmos, etc., enabling seamless cross-chain interaction.
- End-to-end encryption: ensures user data privacy, in line with Web3 privacy-first principles.
- Decentralized transformation: Introduce staking and governance mechanisms through WCT tokens, gradually transitioning from a centralized protocol to a community-governed network.
3. Reasonableness of the token economic model
- Total supply control: Initial supply of 1 billion tokens, circulating supply of 186.2 million tokens, and staked amount exceeding 100 million tokens, indicating high community participation.
- Deflationary mechanism: 30% of protocol revenue is used for buyback and burn, creating a value support flywheel.
- Incentive mechanism: Staking WCT can yield an annual return of 8%-12%, and participate in governance voting to share in network growth dividends.
4. Ecological expansion and cooperation network
- Strategic upgrade: WalletConnect has been renamed Reown, with plans to expand into payments, identity verification, and other fields, building a Web3 communication layer protocol stack.
- Cross-chain layout: WCT has expanded to the Solana network and airdropped 5 million tokens to attract new user groups.
- Top-tier partners: In-depth collaboration with the Ethereum Foundation, Solana Foundation, Binance, etc., enhancing ecological synergy.