WalletConnect Launches WCT Airdrop to Empower Users
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Sep 24 2024WCT Airdrop Launch: The WalletConnect Network has launched the airdrop of its native utility token, Connect Token (WCT), aimed at empowering users and enhancing participation in the onchain environment while promoting decentralization.
Functions of WCT: The WCT will serve four key functions within the network: governance through fee proposals, rewards distribution for security, staking for earning rewards, and community voting on proposals to guide network development.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
