The digital currency $WCT is an open and decentralized currency of the #WalletConnect network that enables users to connect to network applications. It is designed to provide maximum utility and ownership without any compromises.
It is the user experience system on the network, powering 150 million connections for over 23 million users across 600 wallets, 40,000 application projects, and all chains.
The WCT digital currency project
The current model focuses on leveraging token allocations and existing fee structures to support network operations and incentivize participation. Nevertheless, the network's governance structure and community retain the necessary flexibility to implement inflation mechanisms in the future when needed.
It is used to pay for network services, such as the use of relays, and tokens are granted as incentives to maintain the network's security and efficiency.
Deposits: Users can deposit tokens to earn rewards and participate in governance.
Governance: WCT holders can vote on proposals and changes, giving the community control over the network's development through decentralized governance.
Information about the WCT digital currency
The total supply of the WCT digital currency is over 2 billion tokens.
Its highest value reached on April 12, 2025, where its price was $0.16696.
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