WCT is the native token of the WalletConnect
@WalletConnect Connect ect Network, created to help decentralize the wallet‑to‑dApp infrastructure that millions use daily .
📌 Core Utilities:
Governance – Holders vote on network fees, staking parameters, and upgrades .
Staking – You can stake WCT to secure the network and earn up to ~22% APY .
Rewards – Used to incentivize node operators, wallet developers, app contributors .
Fees – May eventually be required to access relay services, decided via governance .
---
🗓 Token History & Key Updates
Launch: WCT debuted on Optimism (OP Mainnet) in late 2024 .
Non-transferable until April 15, 2025: To stabilize early adoption, trading was initially restricted. Full portability was enabled via governance vote on April 15, 2025 .
Bridging & multi‑chain support: Live on Solana, with a 5 million WCT airdrop and bridge functionality via Solana’s Wormhole to platforms like Jupiter and Raydium .
Ecosystem traction: Over 121 million WCT staked by ~49.4k users, indicating strong adoption among users .
