$WCT

Tokenomics - Understanding Value!

WalletConnect Token ($WCT) has a total supply capped at 1 billion tokens, with an initial circulating supply of 186.2 million (18.62%). This controlled supply is crucial for its value proposition.

Distribution:

WalletConnect Foundation (27%): For ecosystem development and operations.

Airdrops (18.5%) & Rewards (17.5%): Incentivizing users, apps, and stakers.

Team (18.5%) & Core Dev (7%): Subject to multi-year vesting (4-year unlock with 1-year cliff) to ensure long-term alignment.

Early Backers (11.5%): Also subject to vesting.

Value Drivers: $WCT derives value from its utility within the WalletConnect Network. It's used for governance, allowing holders to vote on upgrades. Future use cases include paying network fees, staking for rewards, and incentivizing UX improvements. Its role as the backbone for secure, decentralized wallet-to-dApp connections across 150+ chains underpins its long-term potential. Understand these fundamentals for your #TradersLeague strategy!