#WalletConnect and $WCT and mention @Here’s a crisp ~100‑word summary of the WalletConnect Token (WCT):
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The WalletConnect Token (WCT) is an ERC‑20 governance and utility token launched on Optimism (OP) mainnet in late 2024 . It has a fixed 1 billion supply allocated across Foundation (27%), airdrops (18.5%), team (18.5%), rewards (17.5%), backers (11.5%), and core development (7%) . WCT supports four core functions: staking (for node operators and participants), governance (on fees, protocol changes), rewards (for uptime, contributions), and future network fees . As of April 15, 2025, it became fully transferable , empowering community‑driven development and decentralization of the WalletConnect ecosystem.
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Let me know if you'd like a deeper dive into any aspect!