WalletConnect’s WCT token is officially launching on the Solana blockchain, marking an important milestone in its multichain strategy. As part of this launch, an airdrop of 5 million WCT tokens will be distributed to active Solana users.
Pedro Gomes, WalletConnect founder, emphasized the importance of this shift to a multichain model. The WCT token will facilitate staking, governance, and transaction fees, further enhancing WalletConnect’s ecosystem.
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