As the native token of the #WalletConnect protocol, $WCT addresses the fragmented interaction issue between crypto wallets and dApps, supporting seamless communication with over 600 wallets (such as MetaMask) and more than 60,000 dApps, handling over 5 million user requests daily, making it a 'infrastructure-level necessity' for Web3.
Built on the Optimism OP mainnet, it combines Ethereum security with high speed and low fees (less than 1 cent per transaction), providing a smooth cross-chain experience.
Token economic model: deflationary scarcity + high yield
A total supply of 1 billion tokens with no further issuance, with 17.5% of the initial allocation set aside for staking rewards and ecosystem incentives.
Staking annualized returns can reach up to 85% (lock-up period of 1 week to 2 years), but it should be noted that 50% of the rewards come from inflationary issuance, which may lead to selling pressure in the short term.
In the future, a 'connection fee' scenario will be enabled: dApps will pay WCT fees based on active users (MAU), with potential annual revenue exceeding $30 million, driving a value closed loop.
Governance empowerment: holding tokens equals having a voice
Holders can vote on key decisions such as protocol upgrades and fee structures, achieving community autonomy (for example, there will be a vote in Q3 to unlock the transfer function)
