Technical Advantages and Infrastructure Status

1. Cross-chain Interoperability Leader

WalletConnect protocol supports over 20 mainstream public chains including Ethereum, Solana, and TON, compatible with over 600 wallets and 40,000+ dApps, processing over 15 billion on-chain connections cumulatively. This 'chain-agnostic' design makes it a universal protocol for Web3 interactions, akin to 'TCP/IP of Web3', possessing irreplaceability amid the explosion of multi-chain ecosystems.

2. Decentralized and Secure Architecture

- By utilizing end-to-end encryption and a decentralized relay network, it avoids the single point of failure and privacy leakage risks associated with traditional centralized servers.

- Open-source and transferability unlock expected to be completed by April 2025, with 16 node operators including Consensys and Ledger ensuring network decentralization and enhancing censorship resistance.

3. Adaptation of AA Wallet and Modular Accounts

With the popularization of Account Abstraction (AA) wallets, the WCT protocol can serve as the interaction layer for modular smart accounts, supporting seamless login, batch transactions, and other advanced functionalities, further expanding application scenarios.

II. Token Economy and Value Capture Mechanism

Diverse application scenarios drive demand

- Governance Rights: WCT holders vote to decide on key decisions such as protocol upgrades and fee distribution, achieving community autonomy.

- Staking Rewards: Node validators stake WCT to share network fees, with an expected APY of 18%-25%.

- Fee Payment: Plans to introduce a connection service fee based on Monthly Active Users (MAU) in the future, with WCT as the payment medium creating rigid demand.