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Can WCT Reach $10? The Rise of Reliable Connection Platforms in Web3
In the context of Web3's rapid development, one of the key factors connecting users and decentralized applications (dApps) is WalletConnect. Previously, @WalletConnect was regarded as a "mysterious" infrastructure protocol, but it has now transformed into a completely decentralized network owned by the community, with the WCT token becoming the "heart" of this ecosystem. The Transformation from Mysterious Protocol to Community Network WalletConnect has made remarkable progress: 45 million users have trusted and used it, creating over 300 million connections. The system has developed robustly, helping users connect their wallets with tens of thousands of dApps in fields such as DeFi, NFT, and many other applications in the Web3 ecosystem. The New Role of WCT in the Ecosystem Not just a regular issued token, WCT is now deeply integrated into the essential applications of WalletConnect: Connect Wallet: Users currently need to use WCT to connect to WalletConnect, ensuring that the communication process between wallets and dApps is safe and transparent. Staking: WCT holders can participate in staking, thereby receiving various benefits and directly influencing the development of the protocol. Governance (: The community holding tokens can participate in governance decisions, contributing ideas to guide the growth of the network. In particular, 17.5% of the WCT supply is reserved for wallet builders, dApps, and validators, affirming the ecosystem's commitment to encouraging innovation and development. Specific Tokenomics Distribution The tokenomics of WCT is designed to be balanced with a total supply of 1,000,000,000 WCT as follows: