The much-awaited WalletConnect Airdrop has officially gone live, giving users the opportunity to register and claim the newly launched Connect Token (WCT). This exciting initiative is a milestone for the WalletConnect Network, designed to empower users and boost participation within the expanding onchain ecosystem.
Since its inception in 2018, WalletConnect has grown into a key infrastructure for the web3 world, facilitating over 150 million connections for more than 23 million users. With the airdrop of WCT tokens, the WalletConnect Foundation is focused on driving decentralization, fostering innovation, and enhancing the user experience. The network has seen significant growth in the past year, with a 240% increase in users, and now handles an astounding $2 trillion in onchain value. WalletConnect’s monthly user activity has soared, exceeding 4 million, solidifying its role as a core player in the web3 space.
Fees: WCT holders will be able to propose, discuss, and vote on the introduction of fees. This creates a sustainable economic model for the network, with fees potentially covering essential services like relay usage.
Rewards: Users can earn tokens as rewards for helping maintain the network's security and efficiency, ensuring its smooth functioning.
Staking: WCT holders can stake their tokens to earn rewards while also participating in important governance activities.
Governance: The decentralized governance model allows WCT holders to vote on key proposals and decisions, giving the community greater control over the network’s development and future.
As WalletConnect continues its journey toward decentralization, the WalletConnect Foundation, alongside its node operators and community members, will play a critical role in the network’s growth, security, and innovation. This crypto airdrop is just one step in the broader mission to create a decentralized, user-centric environment that adds value to the web3 space.
Exciting news for those looking forward to the next step—WalletConnect's native token, WCT, is expected to be listed on major exchanges before December 30th. The listing is highly anticipated as it will bring more exposure to WCT, opening up trading opportunities for users worldwide. This move will further solidify WalletConnect’s position in the market, providing liquidity for users and encouraging even more engagement with the platform. Keep an eye out for the official listing announcement, as it’s expected to bring a new wave of growth and participation to the WalletConnect ecosystem.
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