WalletConnect has introduced its native utility token, **$WCT**, to decentralize and incentivize participation in its ecosystem.
#### **Key Details About $WCT**
1. **Purpose**:
- Governance (voting on protocol upgrades).
- Incentivizing relay network operators (for WalletConnect v2’s decentralized infrastructure).
- Potential staking rewards or fee discounts in the future.
2. **Tokenomics (Expected)**:
- **Total Supply**: Likely capped (exact details TBA).
- **Distribution**: May include community rewards, team, investors, and ecosystem development.
3. **Where to Get $WCT?**
- If launched, it could be available on **DEXs (Uniswap, SushiSwap)** and **CEXs (Binance, Coinbase, etc.)**.
- Possible airdrops for early WalletConnect users.
