In the Web3 space, WCT is redefining its role, shifting from a mere trading tool to a multifunctional ecosystem token. As the core supporting the connection needs of nearly 50 million users, WCT's influence has permeated various levels of the WalletConnect ecosystem.

The most significant value of WCT is reflected in the innovation of user experience. By staking WCT to elevate user levels, the access process to DApps can be significantly simplified. Data shows that this mechanism reduces the need for repeated verification by 60%, achieving a convenient experience of 'one verification, all-chain access.' This transformation marks the evolution of WCT from a functional token to an on-chain credit carrier.

However, the role of WCT goes far beyond this. It also empowers users to participate in the governance of the ecosystem. Users holding WCT can directly participate in the decentralized decision-making process of WalletConnect, including major matters such as protocol upgrades, new feature development, and partner selection. This mechanism ensures that the direction of the ecosystem's development aligns with the interests of the community.

As WalletConnect continues to expand in emerging fields such as DePIN and payments, the application scenarios for WCT are continually broadening. It not only enhances user convenience but also empowers holders with a voice and influence in the Web3 world.

Overall, WCT is becoming an indispensable part of the Web3 ecosystem, serving both as a convenient tool for users and as an important credential for participating in ecological construction. With its continually expanding functions and application scenarios, WCT is expected to play an even more crucial role in the future Web3 world.