WCT tokens are now officially transferable. This marks a pivotal moment on WalletConnect’s decentralization roadmap. The transferability of WCT brings the on-chain economy closer to a more open, unauthorized, and community-driven experience.
Since its inception, WalletConnect has been led by a unique mission to make Onchain UX amazing. The WalletConnect logo is as iconic as Onchain connections as the Visa logo is paid for. Billions of value flow through the Wallet Connect network every year.
WCT plays an important role in this mission, allowing fees, rewards, staking and governance on the WalletConnect network, ensuring that communities, wallets and apps speak out in Onchain’s future.
Why is this important?
The transferability of WCT represents more than just a technical milestone, a movement to decentralize the core infrastructure that drives interaction and connectivity across the on-chain economy. Transferability allows anyone to win WCT anywhere, allowing wider participation in governance, and transfer power from central entities to the distributed network of contributors and users that are shaping the future of Onchain.
Until now, WCT tokens have not been transferred by design. It was carefully distributed through an eligibility framework that rewards long-term supporters, partners and contributors to ensure alignment between those who built the protocol and those who ultimately support and use it.
This careful, strategic approach is essential for critical infrastructure. The transition to forwardability was not something that was done correctly.
Criteria for transferability
The WaltConnect Foundation has set clear and thoughtful standards that must be met before enabling the transferability of WCTs. These include:
- Certify at least 16 wallets as part of the Wallet Connect certification program.
- Achieve at least 100m WCT tokens in the staking pool.
- Onboard at least 16 node operators to the WalletConnect network.
- Staking has been live on Mainnet for at least 12 weeks since TGE.
- Open source WCN source code.
The last open source milestone for Wallet Connect Source Code took place on April 7, 2025.
