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The WalletConnect Token (WCT) is a utility and governance token at the core of the WalletConnect Network, an onchain UX ecosystem that powers seamless and secure connectivity between wallets and decentralized applications (dApps) across multiple blockchain platforms. Designed to facilitate a permissionless, interoperable, and composable web3 experience, the WCT plays a vital role in decentralizing the network while aligning incentives for users, developers, and infrastructure providers. By enabling functionalities such as staking, governance participation, and rewards distribution, WCT is key to transitioning the WalletConnect Network from a permissioned model to a fully decentralized protocol. The network's underlying technologies-including Service Nodes, Gateway Nodes, Relay Services, and end-to-end encryption-work together to ensure private, secure, and scalable wallet-dApp communication. With over 150 million connections facilitated for more than 24 million users across thousands of wallets and apps, WalletConnect continues to shape web3's UX standards, with WCT serving as the fuel for its next era of decentralized governance and incentivized network participation.
Token