#walletconecct and major events from $WCT and wallet @WalletConnect
Highlight event: Launch of WCT token.
At the beginning of 2024, WalletConnect launches WalletConnect Token (WCT) – a utility and governance token for the network.
WCT has 4 main functions:
+ Fees: Pay for future connection services (based on MAU - Monthly Active Users),
+ Staking: Stake to earn rewards and maintain network stability,
+ Rewards: 17% more than the initial supply to reward wallets, apps, and nodes that operate efficiently.
+ Governance: Hold WCT to participate in voting on important changes in the network🤝