#WalletConnect 🔗
WalletConnect is an open-source protocol that enables secure connections between decentralized applications (dApps) and mobile wallets using QR code scanning or deep linking. It provides a seamless, encrypted bridge for users to interact with dApps without exposing private keys, supporting a broad range of wallets like Trust Wallet, MetaMask, and Rainbow.
WCT Coin (WalletConnect Token) is the native utility token of the WalletConnect ecosystem, designed to fuel its decentralized network. WCT enables governance participation, where holders can vote on protocol upgrades and improvements. It also serves to incentivize developers, validators, and users who contribute to WalletConnect’s growth and adoption.
By integrating WCT, WalletConnect is evolving from a simple connection tool to a decentralized infrastructure platform. This tokenomics model encourages decentralization, rewards usage, and ensures the protocol remains community-driven. As WalletConnect adoption grows across DeFi and NFT platforms, WCT’s utility and demand are expected to rise.