Introducing WalletConnect (WCT): The Next Step in Web3 Connectivity.
The world of Web3 is evolving fast—and one protocol that’s becoming foundational is WalletConnect. With the launch of its native token $WCT, @WalletConnect is positioning itself not just as a connectivity tool, but as a community‑governed infrastructure for future decentralized applications. What is WalletConnect? WalletConnect is an open‑source protocol that simplifies how crypto wallets interact with decentralized applications (dApps). Instead of relying on browser extensions or manual address pasting, WalletConnect allows users to connect their wallet to a dApp using a QR code scan or deep link—without ever exposing private keys.It supports multiple blockchains like Ethereum, Solana, Polkadot, Cosmos, and Bitcoin, making it chain-agnostic and highly interoperable. The $WCT Token: Purpose & Tokenomics: Token standard / network: WCT is an ERC‑20 token, launched on the Optimism network.Total supply: 1,000,000,000 (1 billion) WCT. Allocation & distribution:4% (40,000,000 WCT) was allocated to Binance Launchpool for staking/farming rewards.10,000,000 WCT allocated to Learn & Earn programs.The initial circulating supply at listing was ~186,200,000 WCT (≈ 18.62% of total).Non-transferability at launch: At its initial launch, WCT was non-transferable to help stabilize distribution and keep tokens within the ecosystem.Future use cases: Governance: Holders of WCT can vote on protocol upgrades, fee structures, and governance decisions. Staking & rewards: Users can stake their WCT to earn incentives; node operators and wallet providers are rewarded based on performance metrics (uptime, number of successful connections, latency). Future fees: Though WalletConnect currently operates fee‑free, the community may vote to use WCT for transaction or network fees down the line. Binance Launchpool & Listing: Farming Period: April 11 to April 14, 2025 (4 days).Users were able to stake BNB, FDUSD, or USDC to farm WCT rewards.On April 15, 2025 at 11:00 UTC, Binance listed WCT with trading pairs: WCT/USDT, WCT/USDC, WCT/BNB, WCT/FDUSD, and WCT/TRY.WCT received a “Seed Tag” (indicating early-stage project) upon listing. Adoption & Metrics: WalletConnect has achieved strong traction in Web3:Over 240 million connections facilitated to date.More than 38 million unique active wallets are using the protocol.Over 57,000 dApps have integrated WalletConnect. These metrics highlight how integrated WalletConnect is across many wallets and decentralized applications. Why $WCT Matters & Vision: WalletConnect is more than just a bridge between wallets and dApps. With $WCT, the protocol is shifting toward decentralization, community ownership, and sustainable incentives. Some key points: The token allows stakeholders (users, wallet providers, node operators) to have skin in the game, aligning incentives for network reliability and growth.Governance ensures that the community can decide on future features, improvements, or fee models.The staged distribution (non-transferability initially, controlled allocation) helps reduce wild speculation and encourages long-term commitment.Support for multiple chains and growing integrations means WCT can support truly interoperable Web3 experiences. #wct #Web3 #WalletConnect #WCTLaunchpool #dApps $WCT
I wanted to take a moment to express my heartfelt gratitude to the entire community of #VibraLatina . It has been just over a month since I joined, and since then, the experience has been incredibly enriching.
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