About Reown (WalletConnect)
WalletConnect, the platform that facilitates seamless onchain UX for over 40,000 apps and 600+ wallets across more than 150 blockchain networks, has officially rebranded to Reown. This marks a significant step forward in the platform’s mission to deliver smooth and secure interactions for millions of users. With this new chapter comes the exciting launch of WalletConnect’s native governance token, $WCT, on Optimism’s OP Mainnet. The $WCT token will drive the network’s decentralization, incentivize node operators, and empower users, apps, and wallets.
Although still in the early stages, WalletConnect has announced that 17.5% of the $WCT total supply will be allocated for staking and performance rewards, with an additional 18.5% set aside for airdrops. These airdrops will begin at the end of 2024, rewarding users, apps, wallets, and node operators for their contributions to the WalletConnect Network.
How to Participate in the Reown (WalletConnect) Airdrop
Step 1: Use WalletConnect
Start by using WalletConnect to connect your mobile wallet to decentralized applications (dApps). Simply scan the QR code on the dApp of your choice and securely sign transactions. Engaging with WalletConnect’s functionality is one of the ways you could be rewarded with $WCT tokens in future airdrop seasons.
Step 2: Developers – Integrate AppKit or WalletKit
If you are a developer, you can integrate AppKit to enhance onchain app user experiences or implement WalletKit to add innovative features to wallets. By contributing to the WalletConnect ecosystem through development, you can qualify for performance rewards and airdrops.
Step 3: Stay Informed
Subscribe to the WalletConnect Foundation newsletter for the latest updates on the $WCT token and future airdrop details. The newsletter will provide crucial information on how and when tokens will be distributed and how you can stake or participate in network governance activities.
Step 4: Prepare for Future Airdrop Seasons
WalletConnect has announced that $WCT tokens will be distributed across multiple airdrop seasons, starting at the end of 2024. These airdrops will reward users and builders who have historically contributed to the network. Keep engaging with WalletConnect by using the app or contributing as a developer to increase your chances of being rewarded.
Conclusion
Reown (formerly WalletConnect) is entering an exciting new phase with the introduction of the $WCT governance token. By using WalletConnect for secure transactions, integrating it into dApps or wallets, and staying updated through the newsletter, you position yourself for potential rewards in upcoming airdrop seasons. The first airdrop season will start at the end of 2024, and regular contributions will improve your chances of earning $WCT tokens.
