🪙 What is CWT (WalletConnect Token)?

CWT (WalletConnect Token) is the native utility and governance token of the WalletConnect protocol, a leading open-source Web3 communications protocol that connects crypto wallets to decentralized applications (dApps).

WalletConnect enables secure and seamless interaction between users and dApps across different devices, using QR codes or deep links. With the launch of WalletConnect v3, the platform introduced CWT as part of its decentralized evolution.

🔹 Key Features of CWT:

Governance: Holders can vote on proposals related to protocol upgrades and ecosystem development.

Utility: Used for accessing advanced features, paying for services within the WalletConnect ecosystem, and incentivizing developers and integrators.

Ecosystem Growth: Designed to align incentives across users, developers, and service providers using the WalletConnect protocol.

🔒 Use Cases of WalletConnect:

Connecting crypto wallets to dApps (DeFi, NFTs, games)

Enabling cross-platform Web3 interactions

Facilitating secure message and session handling in decentralized apps