#Walletconnecet onnect is an open-source protocol designed to enable secure, decentralized communication between decentralized applications (dApps) and wallets. It allows users to connect their wallets to dApps without compromising their private keys. The protocol enhances security and user experience by eliminating the need for direct integration of each wallet with every dApp. $WCT is the native utility token of the WalletConnect ecosystem, used for governance, staking, and incentivizing users and developers. By supporting ecosystem growth, $WCT aims to facilitate wallet interoperability and encourage decentralized finance (DeFi) participation, ensuring a seamless connection between various blockchain platforms.
