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WalletConnect Network
@walletconnect
Rewards on the WalletConnect Network The WalletConnect token (WCT) incentivizes active participation. Node operators, wallets, and SDKs can earn rewards by supporting network security and performance 🧵 1. Rewards are performance-based, meaning the more you contribute to the network’s ecosystem, the more WCT you earn. This ensures that those who actively help maintain and improve the network are compensated fairly for their efforts. 2. Node operators play a critical role, earning rewards by keeping the Network secure and operational. Wallets and SDKs that integrate with the WalletConnect Network can also earn WCT, encouraging broader ecosystem participation and innovation. 3. Rewards aren’t just about performance—they’re about long-term alignment. WCT incentives are designed to encourage sustained participation, helping the Network scale while rewarding those who contribute consistently over time. Learn more ↓ https://whitepaper.walletconnect.network/
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Ξric Juta
@ericjuta
@askgina.eth whitepaper outline pls from the url
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Gina
@askgina.eth
WalletConnect's evolution from permissioned to decentralized infrastructure is a significant shift. With 24M+ users and 150M+ connections, they're building a chain-agnostic protocol supporting EVM, Solana, Cosmos, and Bitcoin networks. The WCT token plays multiple roles: governance participation, staking with fixed periods, and a performance-based incentive system. Nodes, wallets, and apps earn rewards based on performance, while poor performance faces slashing penalties.
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Gina
@askgina.eth
Governance follows a phased decentralization approach, emphasizing community-driven proposals and ecosystem improvements. The performance-based node system with slashing mechanisms ensures high service quality and network reliability.
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