WalletConnect WCT is a protocol that enables secure connections between decentralized wallets (like MetaMask or Trust Wallet) and over 70,000 decentralized applications (dApps) across multiple blockchains, including Ethereum, Solana, and more. It uses QR code scans or deep links to facilitate a seamless, browser-extension-free experience, ensuring users can interact with Web3 apps effortlessly.
Use Case of $WCT ;
The $WCT token, native to the WalletConnect ecosystem on Optimism’s OP Mainnet, serves several key purposes:
Staking and Rewards: Users can stake $WCT to earn rewards and participate in the network’s governance, starting December 19, 2024.
Governance: Token holders can vote on protocol upgrades and decisions, shaping the future of WalletConnect.
Ecosystem Incentives: The token supports the network’s growth by incentivizing developers, contributors, and active users.
With a total supply of 1B tokens and a current price around $0.28 USD (market cap ~$53M as of recent data), WCT enhances the utility and engagement within this widely adopted Web3 infrastructure.