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WalletConnect Network
@walletconnect
1/ Voting opens for the WCT Transferability Proposal on March 19th | 10:00 AM CET 🗳️ To participate, make sure you stake before Wednesday! Here’s everything you need to know about the proposal and why your vote matters ⬇️
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WalletConnect Network
@walletconnect
2/ What is this proposal about? This proposal sets what the Network must achieve before enabling WCT transferability Right now, WCT cannot be freely transferred This proposal lays out the key milestones the WalletConnect Network must reach before unlocking full transferability
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WalletConnect Network
@walletconnect
3/ Why does transferability matter? Expanded Functionality – Enables token holders to transfer freely Decentralization – Expands participation in the ecosystem Network Growth – Increases staking & engagement Trust & Stability – Indicates the ecosystem is ready to level up
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WalletConnect Network
@walletconnect
4/ The 5 Key Milestones for Transferability For WCT to become transferable, the network must achieve the following: 🔹 16 certified wallets – Strengthening ecosystem security 🔹 100M WCT staked – Committing to network longevity 🔹 16 node operators onboarded – Progress with decentralization 🔹 12 weeks of staking – Proving network stability 🔜 Open-sourcing key components – Increasing transparency
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WalletConnect Network
@walletconnect
5/ This isn’t just a switch we flip Even after meeting all milestones, transferability won’t be automatically activated A final governance decision will be made to confirm the ecosystem is fully prepared before unlocking transferability for WCT
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WalletConnect Network
@walletconnect
6/ Who can vote? 🔹 Voting power is based on amount staked + staking period 🔹 Any amount staked above 0 WCT qualifies, minimum staking duration is one week The longer you stake and the more WCT you lock, the higher your stake weight and voting power Very small amounts may display as ≈0 in Snapshot but will still count for voting Start staking ⤵️ https://staking.walletconnect.network/
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WalletConnect Network
@walletconnect
7/ How to vote The proposal will go live on Wednesday @ 10:00 CET, when this happens: 🗳️ Visit Snapshot: https://vote.walletconnect.network/ 🔗 Connect your wallet (must hold staked WCT tokens) ✅ Review the proposal and cast your vote Your vote shapes the future of WCT—this is a crucial moment for the WalletConnect Ecosystem
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