#WalletConnect : The cornerstone of reshaping the Web3 connection experience
Project Introduction
WalletConnect is the core protocol connecting encrypted wallets and decentralized applications (DApps) in the Web3 ecosystem. Since its establishment in 2018, WalletConnect has become the industry de facto standard, supporting mainstream blockchains such as Ethereum, Solana, Cosmos, Polkadot, and Bitcoin, achieving true cross-chain interoperability[1][2].
- **Multi-chain Compatibility**: Users can seamlessly connect to tens of thousands of DApps with one wallet, greatly simplifying on-chain operations.
- **End-to-End Encryption**: All communications are encrypted, private keys are stored locally, ensuring asset security.
- **Ultimate Convenience**: Scan the code or click the link to connect, no complicated operations required[3][2].
### Ecological Development and Influence
- **Connection Count**: As of 2025, the WalletConnect network has processed over 300 million connections, driving the circulation of billions of dollars in on-chain value[4][5].
- **Wallet and Application Integration**: Integrating over 600 wallets, supporting more than 66,000 applications, covering mainstream sectors like DeFi, NFTs, and blockchain games[4][5].
- **User Base**: The number of independent wallet connections exceeds 47.5 million, with over 300,000 token holders, and a high level of community engagement[4][5][6].
### $WCT Token Value and Role
WCT (WalletConnect Token) is the native token of the WalletConnect network, carrying multiple functions such as network governance, incentives, staking, and fees[2][7][8][5].
| Function | Description |
|--------------|--------------------------------------------------------------------|
| Governance | Token holders can vote on proposals for protocol upgrades, parameter adjustments, fee structures, etc., promoting decentralized governance[7][8][9] |
| Staking | Users can stake WCT to earn rewards, enhancing network security and participation[2][7][5] |
| Rewards | Earn WCT dividends through staking and active participation, incentivizing ecological development[2][7][5] |
| Fees | Some services and network operations require WCT payment, creating real demand[2][7][8] |
- **Economic Model**: The total supply of WCT is 1 billion, with allocations covering development, rewards, airdrops, team, foundation, etc., balancing ecological incentives and long-term development[8][10].
- **Security**: The staking mechanism enhances the network's resistance to attacks, and end-to-end encryption protects user privacy[2][7].
Personal Opinion
WalletConnect is not only the infrastructure for Web3 interoperability but also the engine driving innovation in on-chain user experience. The introduction of $WCT tokens allows the community to truly participate in network governance and value distribution, reflecting the spirit of decentralization and co-construction in Web3. As the ecosystem continues to expand and innovative applications are implemented, WalletConnect is expected to become the core pillar of Web3 infrastructure in the next cycle. Looking forward to @undefined more breakthroughs and surprises in the future! #WalletConnect $WCT
> As the connection hub of the Web3 ecosystem, WalletConnect, with its cross-chain compatibility, ultimate security, and open governance, is leading the industry towards a more efficient and decentralized future. $WCT empowers community co-governance and mutually beneficial cooperation, making it worthy of long-term attention and participation.#WalletConnect @WalletConnect
