WalletConnect is a widely adopted open-source protocol that provides secure, seamless, and reliable connections between cryptocurrency wallets and decentralized applications (dApps) across multiple blockchains. Since its launch in 2018, WalletConnect has grown into one of the most trusted tools in the Web3 ecosystem. Today, it supports more than 600 wallets and 65,000+ decentralized applications, enabling over 300 million successful connections for a community of 47.5 million users worldwide.
At the core of its innovation is the WalletConnect Network, which leverages the $WCT token on Optimism and Solana to promote decentralized governance, staking, and an enhanced user experience (UX). The protocol ensures end-to-end encryption and chain-agnostic interoperability, making it an essential building block for secure on-chain communication and connectivity.
As part of its current rewards initiative, $350,000 in WCT tokens has been allocated, with 53,947 participants already engaged. To claim a share of $200,000 in WCT rewards, users must complete Tasks 1, 2, 3, and either 4 or 5. The reward distribution is calculated based on both post volume and engagement using the formula:
Reward = (User’s posts ÷ Total posts) × (User’s engagement ÷ Total engagement) × $200,000.