
丰密KuiGas|Apr 13, 2025 03:59
The @ WalletConnect WCT, which has been honed in seven years, has landed in the Launchpool of Binance's 67th issue
1. Participation method
The Launchpool event announcement can be regarded as an eternal blessing for BNB Holders, and this time it also brings heavyweight benefits. This event will start at 08:00 on April 11, 2025 (UTC+8), with a total duration of 4 days. Users holding BNB, FDUSD, and USDC can deposit and start mining in the Launchpool on the Binance app homepage to obtain WCT. Binance users will receive a quota of 40 million WCT for the startup pool and 10 million WCT for learning and earning.
Based on the current reward distribution mechanism and token economy model of Binance Launchpool, participating users are expected to receive an annualized return rate of approximately 20% to 30%, which may be affected by various factors such as market fluctuations. The landing of WCT on Binance is an important strategic upgrade for WalletConnect as an infrastructure project, which will further expand its influence in the global cryptocurrency ecosystem.
2. Development history and token economy
Since the launch of the project in 2018, WalletConnect has received over $50 million in financing and strategic support from multiple top cryptocurrency investment institutions, thereby consolidating its position as a market leader in cross chain wallet connectivity infrastructure. WalletConnect has been committed to providing standardized interfaces between applications and wallets, achieving seamless connection between wallets and applications through multiple network systems, SDKs, and standard development distributed across multiple node operators.
-About 275 million connections
-About 45 million users
-Approximately 100 million WCT pledged
-Approximately 61500 applications
-About 600 wallets
The total supply of WCT is 1 billion, of which:
27% for ecological construction (incentivizing developers)
18.5% airdrop to early users
17.5% of the current circulation is used to issue staking rewards, accounting for 10.32% of the total. WCT holders can earn profits through staking (to be launched in the fourth quarter of 2024), governance participation (to be launched in the first quarter of 2025), performance-based node and wallet rewards (to be launched in the first quarter of 2025), and other methods.
3. Airdrop related
As one of the important cornerstones and key hubs of Web3, WalletConnect has undergone seven years of refinement and construction. The vast majority of Web3 users use WalletConnect simply because of its indispensable functionality (such as the need to use WalletConnect's QR code connection function for various DApp interactions on the Safe platform), but unintentional "plug-in interaction" may also bring lush greenery. Users who have been following me for a long time will definitely receive dual airdrops of Safe and WalletConnect, which is another "long and long" niche area that most Web3 users overlook - long-term interaction of infrastructure.
This kind of interaction can bring two-way promotion: infrastructure projects can effectively attract users to participate in the construction of industry infrastructure, allowing naturally occurring user behavior to bring rich airdrop returns, rather than deliberately pursuing a "short, flat, and fast" hair picking model.
The earliest registration interaction of WalletConnect can be traced back to September 2024. The project launched a one month QR code registration and airdrop activity, during which a total of 50 million WCT were airdropped, of which 30 million were used for registration airdrops. The official website of the project still retains the words "Stay tuned for more airdrops coming in 2025." Based on the expected airdrop data provided above, everyone can focus on looking forward to the performance of the project party this year.
4. Personal suggestion
From the perspective of ordinary users, it is undoubtedly a pleasure to use WalletConnect for daily necessities, enjoy infrastructure services, and receive WCT airdrops. However, I feel that there is still room for improvement in the airdrop mode and user qualification evaluation,
For example, during the first stage of airdrop, it is necessary to connect to the official website for a "qualification test" airdrop, which is slightly different from the user's habit of obtaining airdrops. Directly airdropping to an eligible address would be more pure;
There is no detailed framework provided for user qualification assessment, only a vague concept of connection, signature, and on chain activity is briefly mentioned. However, airdrop, as a "bulk money throwing" behavior, requires refined operations, precise operations, and transparency. We hope that WalletConnect can improve in the upcoming airdrop season.
Another infrastructure project related to infrastructure has also attracted much attention, yes, Sign @sign
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