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🗳 Stakers, it’s time to vote. A new 📲 $WCT staking model is on the table: • Perpetual staking • User-triggered unlocks • Discrete duration options Shape the future of WalletConnect. Cast your vote 🗳️
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Hey, in case you missed it 👀 From July 17 to August 6, 1inch and WalletConnect are running a joint campaign on Solana – users can take part by swapping via the 1inch dApp or 1inch Wallet. And there are rewards up for grabs! 🏆 To compete for a share of 50,000 WCT - just swap at least 50 WCT on Solana with 1inch dApp or 1inch Wallet until 6th of August. The more you swap, the better your chances! Read more about the campaign on 1inch blog ➡️ https://blog.1inch.io/1inch-walletconnect-swap-campaign/
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📲 A new governance proposal is live 🗳️ It introduces a redesigned 📲 WCT staking model with: • 🔁 Perpetual staking • 🧑💻 User-triggered unlocks • 🗓️ Discrete duration options 🎯 The goal: simpler, more predictable staking. 🧵 The TLDR of this proposal: 🔁 Perpetual Staking Positions Once you stake WCT, it maintains full stakeweight until the user chooses to unstake. No time decay, no need to refresh. This offers a “set-and-forget” staking experience. 🛋️ 🔓 User-Triggered Unlocking Period Users can initiate an unlocking period whenever they decide to exit their position. Upon triggering, the stakeweight will decay linearly over the selected unlocking duration, at the end of which the position becomes fully withdrawable. 📉⏳ 📆 Discrete Duration Options Instead of choosing any random duration, you’ll pick from clear, fixed options: 4, 8, 12, 26, 52, 78, or 104 weeks. This enables users to better understand the impact of their staking choices and compare rewards across options. 📊 🧩 Preserving Optionality We know that some users may prefer the original behaviour (i.e. decay starting from position creation). To respect this: ✅ You’ll still be able to trigger your unlock right away, just like before. 🙌 Nothing is being taken away — just more choice added. What happens to existing stakers? If you’re already staking, there’s nothing you need to do. Your position will continue unlocking just like it was before. 🔄 You won’t be switched to the new model automatically. But if you want to opt into the new system and make your stake perpetual, you’ll be able to re-stake after the contract is updated. ⸻ 📚 Read and contribute ⤵️ 🗳️ Voting begins July 29th – August 5th 👉 https://governance.walletconnect.network/t/p3-wct-staking-redesign/3667
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100 likes = WalletConnect Pudgy PFP Deal? @LucaNetz 👀
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1/ WCT claim page is LIVE! Massive shoutout to the WCT claim partners: @phantom, @Backpack, @solflare, @solanamobile, and @jup_dao.
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