#walletconect
WalletConnect is a decentralized, open-source protocol (since 2018) used globally to connect crypto wallets (like MetaMask, Trust Wallet, Coinbase Wallet) to decentralized apps (dApps) across blockchains such as Ethereum, Solana, Cosmos, and Bitcoin .
It's built on:
A network of relay and gateway nodes that route encrypted messages,
SDKs for developers to integrate seamlessly,
Standards ensuring compatibility across chains .
Its mission is to modernize on-chain UX via secure, smooth connectivity, and establish a permissionless, decentralized future .
$WCT Token: Uses & Role
The native utility token, WCT, plays multiple key roles within the WalletConnect ecosystem:
1. Governance – Holders vote on protocol upgrades, fees, and network parameters
2. Staking – Users and node operators stake WCT (minimum ~100 k WCT for nodes) with lockups from 1 week up to 2 years to earn rewards
3. Rewards – 17.5% of tokens allocated to incentivize node operators, SDK developers, wallets, etc. via performance-based rewards
