The WalletConnect Token (WCT) is the native utility and governance token for the WalletConnect protocol, a standard for secure, encrypted wallet-to-decentralized application (dApp) connections in Web3. Launched to drive the decentralization and growth of the WalletConnect ecosystem, WCT facilitates governance for network upgrades, enables staking for network security and rewards, and will eventually be used for network fees to ensure the protocol's sustainability. It empowers users and developers to participate in and shape the future of the protocol, moving from a foundation-supported system to a community-governed one @WalletConnect #walletconnect$WCT