🔁 Perpetual Staking Positions Once you stake WCT, it maintains full stakeweight until the user chooses to unstake. No time decay, no need to refresh. This offers a “set-and-forget” staking experience. 🛋️
🔓 User-Triggered Unlocking Period Users can initiate an unlocking period whenever they decide to exit their position. Upon triggering, the stakeweight will decay linearly over the selected unlocking duration, at the end of which the position becomes fully withdrawable. 📉⏳
📆 Discrete Duration Options Instead of choosing any random duration, you’ll pick from clear, fixed options: 4, 8, 12, 26, 52, 78, or 104 weeks. This enables users to better understand the impact of their staking choices and compare rewards across options. 📊
🧩 Preserving Optionality We know that some users may prefer the original behaviour (i.e. decay starting from position creation). To respect this: ✅ You’ll still be able to trigger your unlock right away, just like before. 🙌 Nothing is being taken away — just more choice added.
What happens to existing stakers? If you’re already staking, there’s nothing you need to do. Your position will continue unlocking just like it was before.
🔄 You won’t be switched to the new model automatically. But if you want to opt into the new system and make your stake perpetual, you’ll be able to re-stake after the contract is updated.
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📚 Read and contribute ⤵️ 🗳️ Voting begins July 29th – August 5th 👉 https://governance.walletconnect.network/t/p3-wct-staking-redesign/3667
The Solana community has shown massive love and been incredibly welcoming, so we’re turning it up: an extra 2M $WCT has been added to today’s claim launch!
@dee_centralized and @pedrouid will cover the EthCC Cannes recap, new $WCT listings, a breakdown of the WalletConnect Council, and key community updates 👀
1/ Big news: today we’re revealing the WalletConnect Council - a diverse group of experts and builders shaping the future of the WalletConnect Network and onchain UX.
Thank you for joining our community brunch during @EthCC in Cannes with @pedrouid and @dee_centralized!
We celebrated the launch of WalletConnect Certified Round 2, reconnected with our amazing community, and met the creators, users, and supporters who believe in the WalletConnect mission.