⚠️ The Harsh Truth: @WalletConnect may be the most "dangerous" protocol in Web3? The Prisoner's Dilemma of $WCT

While everyone cheers for "connection is justice," I see three terrifying paradoxes in the protocol logs:

1. Decentralization Paradox: A protocol supporting 30 million monthly active users, 70% of relay traffic relies on centralized AWS

2. Value Capture Paradox: Developers pay $0 to call the API, but $WCT stakers must pay on-chain Gas to maintain the network

3. Security Paradox: QR code scanning hijacking incidents increased by 217% year-over-year, but governance voting approval rate is less than 15%

Latest on-chain data shows: In May, the protocol was called 1.8 billion times**, but directly generated revenue is <0.3%. This raises a soul-searching question:

> If infrastructure cannot be monetized, is $WCT the "sacrificial lamb" of the tokenization experiment?

Radical Predictions:

▸ By the end of 2025, WalletConnect will be forced to implement mandatory API charges

▸ Modular replacement protocols (like $DIMO) have already captured 12% market share

#WalletConnect #WCT #ChainAbstraction #Web3Infrastructure #CryptoDeepDive