WalletConnect
The WalletConnect governance proposal introduces a redesigned WCT staking model, shifting from time-decaying stakes to perpetual staking with user-triggered unlocks, addressing user demand for flexibility as evidenced by community feedback on staking platforms like Perpetual Protocol.
Fixed unlocking durations (4 to 104 weeks) replace arbitrary lock times, aligning with studies on decision-making (e.g., Kahneman’s work on choice architecture) that show structured options improve user engagement and commitment in decentralized systems.
Existing stakers retain their current model unless they opt into the new system post-contract update, reflecting a cautious approach to governance changes amid Web3’s volatile market, where false breakouts and rapid reversals are common, as noted in Crypto.com’s market analysis.
WalletConnect powers the onchain apps and wallets you use every day.
