Token WCT (Connect Token) is created according to the decentralization roadmap of WalletConnect to:

#WalletConnect Promote community (“decentralization”), governance (“governance”) of the system.

$WCT Create incentives for users, wallets, node operators, and contribute to the ecosystem through staking, rewards.

@WalletConnect In the long term, so that users can vote on protocol development, service fees, and significant changes in the network.