💸 Inside WCT: Tokenomics, Utility & Why It Matters
The WCT token is the engine that powers WalletConnect’s transition to a decentralized relay layer. With a fixed supply of 1 billion tokens and ≈186M already circulating, WCT isn’t just for speculation—it underpins staking, governance, rewards, and future protocol fees 🔁.
📊 Token Allocation:
🏛 Foundation: 27%
🎁 Airdrop: 18.5%
💸 Rewards: 17.5%
👥 Team: 18.5%
💼 Backers: 11.5%
👨💻 Core Devs: 7%
⛓ Utility Modules:
🔒 Staking: Lock tokens for rewards (based on stake × lock duration / 209), with APY ~22%
👷 Node Bonding: Operators must stake to run relays
🗳 Governance: Vote on protocol upgrades, fees, and councils
🔧 Fee Token: WCT will power relay and Smart Session fees in Phase 3
💰 Ecosystem Rewards: Wallets, SDKs, and dApps earn WCT for usage activity
With team and investor cliffs unlocking in April 2026, utility adoption is key. A thriving network will convert WCT from governance collateral into the fuel of crypto’s most widely-used connection layer 🌐.
