📢$wct is the cornerstone for transitioning @WalletConnect to complete decentralized governance
In the philosophy of Web3, decentralization does not merely mean distributing nodes or transferring ownership; it means transferring strategic decision-making into the hands of the community. Here, $WCT comes as more than just a digital asset, but as an institutional tool that reshapes the balance of power within the WalletConnect project ecosystem, with a clear timeline aimed at eliminating any remaining centralization before the end of 2025.
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🏛 A governance design that balances openness and discipline
The proposal threshold for decisions is set at 10,000 WCT$, a calculated point to ensure that proposers have a real commitment, while also preventing the concentration of discussions in the hands of a few whales.
Passing decisions requires community participation of at least 30% and approval exceeding 60%, criteria that ensure any change reflects a broad collective will, not a momentary rush.
The first practical test of this mechanism was voting to reduce the remittance service fee from 0.1% to 0.05%, which received 42% support, proving that the community's voice is capable of shaping operational policy.
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🔥 Linking governance to the economy to create a sustainable value cycle
20% of the protocol's revenue is allocated to a buyback and burn mechanism #wct , resulting in annual supply contraction and turning the token into a deflationary asset that becomes scarcer over time.
Empowering WCT holders to convert their holdings into operational nodes that give them a direct share in the growth of network activity, combining the roles of investor and participant in the infrastructure.
The adopted model, where "participation in governance means participation in profits," creates a circular incentive that deepens engagement and turns decisions into an investment tool.
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🌐 Community governance with institutional safety margins
Control over the future of @WalletConnect is fully in the hands of the community, from protocol development and fee structure adjustments to selecting environmental initiatives and upcoming benefits. The foundation retains only 5% of emergency governance powers, a symbolic ratio to protect the system in critical situations without affecting decision-making independence.
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📜 $WCT – From a distinguished origin to a political identity within the ecosystem
Owning WCT means having a sovereign membership card within the DAO, where each token represents a political weight in shaping the future of the network. Discussions about governance are no longer theoretical; they have become a practical framework integrated with the economy, making every decision have a direct impact on market value and shared interests.
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💡 Summary:
$WCT is not just a token; it is a structure of distributed authority, a deflationary economic mechanism, a community empowerment tool, and the key to a radical transformation strategy leading @WalletConnect to true decentralized governance. Those who own WCT do not just participate in the ecosystem; they make their history and define their path.
