What Is WCT?*
*WCT* is the *utility and governance token* of the *WalletConnect Network*, a decentralized protocol that connects crypto wallets to decentralized applications (dApps). It powers the onchain user experience (UX) ecosystem by enabling secure, seamless, and permissionless connections
*🔧 Core Functions of WCT*
- *Fees*: Used to pay for network services like relay usage
- *Rewards*: Distributed to node operators and stakers for maintaining network performance
- *Staking*: Users can lock WCT tokens to earn rewards and gain voting power
- *Governance*: Token holders can vote on proposals and influence the future of the WalletConnect ecosyste
* Token Stats (as of July 25, 2025)*
MetricValue *Price* $0.36 USD *Market Cap* $67.1 million USD *Circulating Supply* 186.2 million WCT *Max Supply* 1 billion WCT---
*🚀 Network Highlights*
- Built on *Optimism’s OP Mainnet*, combining Ethereum’s security with fast transaction speeds
- Supports *185M+ onchain connections* across *50K+ app projects* and *30M+ users*
- Designed for *scalability, decentralization*, and *community ownership*.
*🧩 WCT Applications in the Web3 Ecosystem*
WCT is used across many decentralized applications in the Web3 space. Its core functions include *governance*, *staking*, *fees*, and *rewards*.
*🔧 Key Applications Using WCT*
1. *WalletConnect Relay Service*
- WCT is used to pay relay node fees
- Node operators earn WCT rewards based on performance⁽¹⁾
2. *Governance Platforms*
- WCT holders can vote on proposals within the WalletConnect ecosystem
- Operates under a DAO (Decentralized Autonomous Organization) model⁽¹⁾
3. *Staking Interfaces*
- Users can stake WCT to earn rewards
- Longer lock-up periods (1 week to 2 years) yield higher rewards⁽¹⁾
4. *Developer SDKs & dApps*
- Developers integrate WalletConnect SDKs using WCT
- Future versions may require WCT for relay service fees⁽¹⁾
5. *Node Management Dashboards*
- Node operators use dashboards to track WCT rewards and manage staking⁽¹⁾
6. *Airdrop Portals*
- WCT is used in claiming airdrops
- Eligibility checks and wallet connections happen within WalletConnect apps⁽¹⁾
7. *Crypto Wallets (e.g., Bitget, MetaMask, Trust Wallet)*
- Users connect via WalletConnect to stake WCT, vote in governance, and claim rewards⁽¹⁾
*🛠️ Upcoming Use Cases*
- *Permissionless Node Infrastructure*: Anyone can run a node
- *Token-Based Fee Model*: Fees based on Monthly Active Users (MAU), paid in WCT
- *Auditor Nodes*: WCT used to audit node performance⁽¹. ⁾
#WriteToEarn $WCT
