The WCT token, also known as WalletConnect Token, is the native utility token of the WalletConnect Network. It's designed to incentivize participation and ensure decentralization within the network. Here are some key details about the WCT token ¹ ² ³:
- *Token Functions*: The WCT token has four primary functions within the WalletConnect Network:
- *Fees*: Token holders can vote on fees charged for network services.
- *Rewards*: WCT tokens are distributed as rewards to incentivize participation and contribute to network security and efficiency.
- *Staking*: Participants can stake WCT tokens to earn rewards and participate in governance.
- * and WCT
