WCT is the native token of the decentralized wallet connection protocol WalletConnect, with a fixed total supply of 1 billion. It will be issued on the Optimism network in September 2024, used for network governance, staking incentives, and future service fee payments. Token distribution focuses on ecological construction and long-term development, with portions for the team and foundation set aside in lock-up. Currently, the circulating supply accounts for only about 18.6% of the total supply, with low circulation rate and Web3 connection leading position providing value support for WCT. @WalletConnect #walletconnect $WCT