WalletConnect is fully moving towards a decentralized network, and will launch on-chain governance features in the first half of 2025, allowing $WCT holders to directly participate in decisions regarding protocol upgrades, fee mechanisms, etc. At the same time, the protocol plans to implement a permissioned node open mechanism and node operation incentives to support network security and decentralized development.

In terms of ecological applications, WalletConnect will focus on the 'Smart Sessions' feature, allowing for authorization without the need to sign each time. Optimizations such as 'Link Mode' and 'One-Click Auth' will also enhance usability. Additionally, the network will expand to include more chains such as Solana and will introduce the 'Total Value Facilitated' (TVF) metric to quantify the ecological usage value.

The role of the token $WCT will also continue to strengthen, including being used for network fee payments, staking node rewards, as well as ecological governance and incentive distribution. Currently, 121 million $WCT has been staked, with an APY of up to 22%, and airdrops to Solana users to promote cross-chain growth.

Overall, WalletConnect is accelerating its transformation from a 'connection protocol' to a 'decentralized infrastructure', and the governance weight, incentive mechanisms, and ecological participation of $WCT will be significantly enhanced.

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