#WalletConnect #WalletConnectV2 $WCT
WCT Coin Made Simple: What You Need to Know About WalletConnect's Token
Hello Binance family! 🚀 Heard about WCT but not sure what it actually does? No worries—let's break it down in simple English.
So, What is WCT?
WCT stands for WalletConnect Token, and it is the official token that powers the WalletConnect protocol. WalletConnect is a crucial part of the Web3 ecosystem—it allows your cryptocurrency wallet to communicate with decentralized applications (dApps) securely and seamlessly.
Why Should You Care About WCT?
Here’s what makes WCT more than just another token:
✅ Governance Power: Token holders can vote on important changes and upgrades to the WalletConnect protocol.
💰 Staking Rewards: Stake your WCT and earn passive income—it's that simple.
⚡ Based on Optimism: It runs on Optimism, a faster and cheaper Ethereum Layer-2 solution.
🧩 ERC-20 Compatible: Works easily with any Ethereum-based wallet.
Information About WCT Token (also known as Tokenomics)
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