Wallet Connect airdrop: claim for round one available

By Daniele Corno

Wallet Connect's WCT token airdrop arrives: 50 million tokens for 160,000 users, here are the details and how to make the claim

Wallet connect and the airdrop of WCT

WalletConnect is an open source protocol that connects crypto wallets to decentralized applications (dApps).

Using QR codes or direct links, it creates secure and fast connections, simplifying the use of dApps on different devices. It allows, for example, a mobile wallet to be used to operate on a desktop.

The protocol launched its first airdrop, rewarding 160,000 eligible users with 50 million WCT tokens. For eligible users, it is now open to claim their tokens and to do so, one must connect a wallet and follow the steps outlined on the official website. The claim will take place on Optimism, layer 2 of Ethereum.

The tokens, initially non-transferable, can be staked with blocking periods from a minimum of one week to a maximum of two years. Staking rewards will start Dec. 19, providing an incentive for users to participate in protocol governance.

Technical details and participation criteria

The WCT token has a maximum supply of one billion, of which 30 million was allocated to active users and 20 million to network contributors, such as node owners and contributors on GitHub.

To be eligible, it was necessary to create a profile, connect a wallet and complete specific tasks before the October 18 deadline.

Wallet Connect also adopted a point system, evaluating on-chain activities and contributions to the network. To facilitate access, it also covered part of the charges on gas.

The verified smart contract for the claim is 0xD152f549545093347A162Dce210e7293f1452150, with instructions available on the official Twitter profile.

Eligibility is now live! Check if you qualify, claim your WCT, and start staking your tokens.https://t.co/jo5r7X2xa3

— WalletConnect (@WalletConnect) November 26, 2024