The WalletConnect Network is an open-source, chain-agnostic ecosystem that facilitates seamless and secure interactions between wallets and decentralized applications (dApps) across various blockchain platforms. By providing a standardized protocol, it enables users to connect their digital wallets to dApps effortlessly, enhancing the overall user experience in the decentralized web.
WalletConnect Token (WCT) is the native utility token of the WalletConnect Network, designed to enhance on-chain user experiences by enabling governance, staking, rewards, and potential fee payments within the ecosystem. Launched on Optimism's OP Mainnet, WCT empowers its community of users, developers, and node operators to contribute to and shape the future of decentralized applications and wallet interactions.
The WalletConnect Token (WCT) airdrop is an initiative by WalletConnect to distribute its native tokens to active users and contributors within its ecosystem. In Season 1, 50 million WCT tokens are allocated for distribution, with 30 million reserved for users and 20 million for network contributors.
What Is the WalletConnect (WCT) Airdrop?
WalletConnect Foundation’s Season 1 of the WalletConnect Token (WCT) Airdrop marks a significant milestone in empowering our community of builders, contributors, and users. This airdrop introduces 50 million WCT tokens, distributed to over 160,000 eligible participants who have demonstrated meaningful engagement and contributions to the WalletConnect Network.
WalletConnect plans to conduct multiple airdrop seasons, with a total of 185 million WCT tokens allocated for distribution. Participants who missed or were ineligible for Season 1 may have opportunities in future seasons.
Key Dates for the WalletConnect Airdrop
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Registration Period: Opened on September 24, 2024, and closed on October 18, 2024. Participants were required to create a profile, connect their wallets, and, if applicable, link their GitHub accounts.
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Eligibility Check: Became available in November 2024, allowing registrants to verify their status. Eligible participants can claim their tokens until January 3, 2025.
Eligible users can claim their WCT tokens between November 26, 2024 and January 3, 2025.
Who Is Eligible for the WalletConnect Airdrop? / How to Participate in WalletConnect Airdrop
WalletConnect Foundation’s Season 1 Airdrop rewards active contributors and users with 50 million WCT tokens. Eligibility includes:
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Registered Users: Profile creation and registration within the eligibility period between September 24 and October 18, 2024.
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Network Contributors: Node operators, wallet/app developers, GitHub and Gitcoin contributors.
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Activity Requirements: Connected at least one wallet via WalletConnect Network, on-chain activity before September 12, 2024, and passed Sybil-resistance checks.
Scoring System: Tokens allocated based on network usage, on-chain activity, previous airdrop behavior, and contributions. Higher engagement scores yield larger allocations.
How to Claim WalletConnect Token Airdrop
Here’s how users can claim the WCT tokens distributed in the Season 1 of the WalletConnect airdrop campaign:
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Visit the Airdrop Page: Visit the official WalletConnect Airdrop Page.
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Check Eligibility: Connect the registered wallet. Accept terms and click “Check Eligibility.”
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Claim Tokens: Eligible users select “Claim” and confirm the transaction. Gas fees subsidized by WalletConnect.
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Staking WCT: Post-claim, stake WCT tokens to support network security and earn future rewards starting December 19, 2024. Choose the amount and duration (1 week to 2 years) via the dynamic staking architecture.