WalletConnect
WalletConnect is a leading open-source protocol that enables connections between non-custodial wallets and decentralized applications. Since 2018, WalletConnect has been the cornerstone of connectivity in Web3, bridging the gap between wallets and dApps to give users simple and secure ways to connect to the onchain economy. The protocol is introducing a robust, community-led infrastructure designed to decentralize connectivity and revolutionize onchain UX. It has emerged as a powerful tool that bridges the gap between mobile wallets and DApps, enabling secure and efficient transactions. Today, WalletConnect is the core connectivity layer for over 220 million connections spanning more than 35 million users across the globe, facilitating over 20 million monthly connections for more than 5 million monthly users.
ABOUT WALLETCONNECT
WalletConnect has solidified itself as the universal connection layer, enabling seamless interactions between users, wallets, apps and blockchains.
WCT is the native token of the WalletConnect Network and secures the network via staking, rewards, fees, and governance.
Supporting a wide range of wallets, WalletConnect offers flexibility and a seamless experience within the Web3 space.
The top WalletConnect compatible wallets include Ledger Live, MetaMask, Trust Wallet, Math Wallet, Argent Wallet, Gnosis Safe, ByBit Web3 Wallet, Rainbow, MyEtherWallet, Safepal, AlphaWallet, BitPay, imToken, UnStoppable Wallet, and OMNI.
WALLETCONNECT FOUNDATION
The WalletConnect Foundation is dedicated to building a permissionless and decentralized onchain UX ecosystem.
The foundation supports the growth, security, and decentralization of the WalletConnect Network and accelerates the mission of building an onchain future.
It aims to empower a global community of developers and users by providing infrastructure that enhances usability, interoperability, and ownership in the Web3 space.
KEY FEATURES OF WCT
Decentralized Governance.
WCT holders can participate in governance processes by voting on proposals to shape the future of the WalletConnect ecosystem.
Staking Rewards.
Encouraging long-term participation, WCT provides staking opportunities to earn additional rewards, fostering community loyalty and enhancing network security.
Community Incentives.
A portion of WCT is allocated to reward active participants who contribute to network stability and efficiency.
Ecosystem Utility.
WCT serves as a core component in driving network activities, including supporting developers, incentivizing node operators, and other functions to expand the ecosystem.