#WalletConnect #WCTToken From its humble beginnings in 2018, the WalletConnect Network has been the backbone of a growing onchain UX ecosystem, enabling millions of users to connect with thousands of apps and explore a digital world designed for ownership.
Since its inception, the WalletConnect Network has facilitated over 150 million connections for more than 23 million users, and today, hosts the monthly activity of over 4 million users making 15+ million connections.
Fees: WCT holders may propose, discuss, and decide upon the introduction of fees through governance mechanisms as a long-term economic model of the network. These would be used, for example, by projects to pay for network services like relay usage.* Rewards: Tokens are distributed by the Network as incentives to keep the Network secure and efficient. Staking: Users can stake tokens to receive rewards and take part in governance.
WalletConnect has introduced its native utility token, **$WCT**, to decentralize and incentivize participation in its ecosystem.
#### **Key Details About $WCT** 1. **Purpose**: - Governance (voting on protocol upgrades). - Incentivizing relay network operators (for WalletConnect v2’s decentralized infrastructure). - Potential staking rewards or fee discounts in the future.
2. **Tokenomics (Expected)**: - **Total Supply**: Likely capped (exact details TBA). - **Distribution**: May include community rewards, team, investors, and ecosystem development.
3. **Where to Get $WCT?** - If launched, it could be available on **DEXs (Uniswap, SushiSwap)** and **CEXs (Binance, Coinbase, etc.)**. - Possible airdrops for early WalletConnect users. #WalletConnect
#BitcoinPolicyShift In March 2025, President Donald Trump signed an executive order to establish a U.S. strategic cryptocurrency reserve, initially focusing on Bitcoin (BTC). This reserve is to be funded by bitcoins seized through criminal and civil proceedings, aiming to position the U.S. as a leader in the cryptocurrency space without burdening taxpayers.
The executive order also outlines the creation of a Digital Asset Stockpile for other cryptocurrencies, including Ethereum (ETH), Ripple (XRP), Solana (SOL), and Cardano (ADA), all of which are to be acquired through forfeited assets. The U.S. government currently holds over $18 billion in seized bitcoin, with minimal holdings in other cryptocurrencies.