WalletConnect Tokenomics Overview
Full WalletConnect tokenomics breakdown: WCT token allocation, vesting schedule, supply distribution, unlock dates, and investor terms.
Produced by Tokenomics.com with data verified by the WalletConnect team.
Full WalletConnect tokenomics breakdown: WCT token allocation, vesting schedule, supply distribution, unlock dates, and investor terms.
Comprehensive breakdown of all investment rounds, pricing terms, and vesting schedules
Key questions and answers about WalletConnect tokenomics.
WalletConnect has 5 primary token utilities:
WalletConnect token distribution allocates 1,000,000,000 WCT across 5 primary stakeholder groups:
WCT uses variable cliffs and vesting schedules that change depending on the allocation:
18.9% of the total supply (188,700,000 WCT) is unlocked at TGE, with the tokens split between Community, Public Sale, Insiders, Foundation, and Investors.
WalletConnect has a total supply of 1,000,000,000 WCT, of which 186,200,000 WCT (18.6% of total) is currently circulating.
Total length of the full WalletConnect emission schedule is 4 years, with 32.16% released in Year 1, while the remaining 67.84% is released over the following 3 years.
WalletConnect has 2 investor rounds, with the following investment price and vesting:
36% of the WalletConnect supply is allocated to community focused pools such as Rewards, Seasonal Airdrops, and Binance Users.
WalletConnect Network revolutionizes blockchain user experience with its chain-agnostic platform seamlessly connecting wallets and decentralized applications (dApps). Supporting a wide range of blockchain ecosystems like Ethereum, Solana, and Cosmos, WalletConnect ensures users can effortlessly utilize any wallet across multiple apps and platforms. Its architecture is powered by service nodes, which are responsible for data storage, and gateway nodes that enable secure, encrypted communication between wallets and dApps using end-to-end encryption. At the heart of the WalletConnect Network is the WalletConnect Token ($WCT), which plays a critical role in governance, staking, and incentivization. $WCT empowers token holders to actively participate in the decision-making process by voting on network proposals, including staking terms and potential usage fees for services such as relay nodes. This community-driven governance model ensures the network evolves in alignment with the needs of its users. Through an innovative staking mechanism, WCT token holders can contribute to network security and reliability. Users who lock up their $WCT tokens are rewarded with additional tokens as staking rewards, incentivizing long-term participation in the network. This feature not only bolsters network stability but also provides token holders with a way to earn passive income. WalletConnect Network positions itself as an essential infrastructure for Web3's growth, aiming to make cross-platform wallet compatibility more accessible and secure. The $WCT tokenomics structure supports sustainable growth through a balanced approach to governance, rewards, and utility, designed to foster widespread adoption and to strengthen the Web3 ecosystem. With its focus on interoperability, privacy, and security, WalletConnect Network is redefining how wallets and dApps interact across multiple blockchains.
