WalletConnect TokenPrice

(WCT)

WCT is an ERC-20 token built on the Optimism (OP Mainnet), serving as the native utility and governance asset for the WalletConnect Network. Its primary roles include enabling holders to participate in network governance by voting on protocol upgrades and fee structures. Users can also stake WCT to secure the network and earn rewards. Furthermore, WCT is used to incentivize node operators and active network participants. While network services are currently free, the community has the option to introduce future fees payable in WCT through a governance vote.

Initially, the WalletConnect Token (WCT) is not inflationary. The token supply is capped at 1 billion WCT, and there is no built-in mechanism for inflation during the first three to four years of the network's operation. Any potential future inflation beyond this period would necessitate a comprehensive discussion and approval through a community governance vote, ensuring that token supply adjustments are determined by the collective decision of WCT holders.

To check your eligibility for a WCT airdrop, you should visit the official airdrop portal, typically found at `airdrop.walletconnect.network`. On this platform, you will be prompted to connect your crypto wallet. Once connected, the system will display your "internal score." This score is dynamically calculated based on your historical interactions with the WalletConnect protocol, including factors such as the total number of connections made, digital signatures signed, and your overall on-chain activity up to the snapshot date.

The WalletConnect Token (WCT) was initially designed to be non-transferable to prevent premature speculation and ensure network stability during its early development phase. Transferability was officially enabled on April 15, 2025. This significant milestone was unlocked after the WalletConnect community successfully achieved specific network readiness targets. These targets included the staking of a minimum of 100 million WCT tokens and the successful onboarding and operation of at least 16 service node operators, signifying robust network participation and decentralization.

Since mid-April 2025, the WalletConnect Token (WCT) has become available for trading on various platforms. Users looking to acquire or exchange WCT can typically find it listed on several reputable centralized cryptocurrency exchanges. These listings provide liquidity and accessibility for the broader crypto community to engage with the WCT ecosystem. It is always recommended to verify the specific trading pairs and availability on your preferred exchange.

To participate in WalletConnect Network governance, you must first stake your WCT tokens. This process converts your WCT into stWCT, granting you voting power. Your influence in governance is determined by a "StakeWeight" formula, which considers both the amount of WCT staked and the duration for which it is locked (StakedTokens multiplied by WeeksLocked divided by 208). Community discussions and proposal debates primarily occur on the WalletConnect Discourse forum, while final, on-chain governance votes are executed through the Snapshot platform, ensuring transparent and decentralized decision-making.