#walletconnect $WCT @WalletConnect

WalletConnect is an essential protocol for the Web3 ecosystem, functioning as a secure bridge between decentralized applications (dApps) and mobile wallets. It allows users to connect their wallets by scanning a QR code or through deep linking, without exposing their private keys. This has driven the adoption of dApps, facilitating a smooth and secure interaction across various blockchains and platforms.

Recently, WalletConnect launched its native token, WCT, in April 2025. WCT has multiple utilities within the network. It is used for staking, which secures the network and rewards participants. Additionally, it grants governance rights, allowing token holders to vote on key project decisions, such as fee structure or reward distribution. Although there are initially no network fees, WCT is expected to be used to pay for network services in the future, contributing to the long-term sustainability of the ecosystem. Essentially, WCT aims to further decentralize WalletConnect's infrastructure and align community incentives with the growth of the protocol

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