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1/ Voting opens for the WCT Transferability Proposal on March 19th | 10:00 AM CET 🗳️ To participate, make sure you stake before Wednesday! Here’s everything you need to know about the proposal and why your vote matters ⬇️

2,514,121 views • 1 year ago •via X (Twitter)

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WalletConnect's profile picture
WalletConnect1 year ago

2/ What is this proposal about? This proposal sets what the Network must achieve before enabling WCT transferability Right now, WCT cannot be freely transferred This proposal lays out the key milestones the WalletConnect Network must reach before unlocking full transferability

WalletConnect's profile picture
WalletConnect1 year ago

3/ Why does transferability matter? Expanded Functionality – Enables token holders to transfer freely Decentralization – Expands participation in the ecosystem Network Growth – Increases staking & engagement Trust & Stability – Indicates the ecosystem is ready to level up

WalletConnect's profile picture
WalletConnect1 year ago

4/ The 5 Key Milestones for Transferability For WCT to become transferable, the network must achieve the following: 🔹 16 certified wallets – Strengthening ecosystem security 🔹 100M WCT staked – Committing to network longevity 🔹 16 node operators onboarded – Progress with decentralization 🔹 12 weeks of staking – Proving network stability 🔜 Open-sourcing key components – Increasing transparency

WalletConnect's profile picture
WalletConnect1 year ago

5/ This isn’t just a switch we flip Even after meeting all milestones, transferability won’t be automatically activated A final governance decision will be made to confirm the ecosystem is fully prepared before unlocking transferability for WCT

WalletConnect's profile picture
WalletConnect1 year ago

6/ Who can vote? 🔹 Voting power is based on amount staked + staking period 🔹 Any amount staked above 0 WCT qualifies, minimum staking duration is one week The longer you stake and the more WCT you lock, the higher your stake weight and voting power Very small amounts may display as ≈0 in Snapshot but will still count for voting Start staking ⤵️

WalletConnect's profile picture
WalletConnect1 year ago

7/ How to vote The proposal will go live on Wednesday @ 10:00 CET, when this happens: 🗳️ Visit Snapshot: 🔗 Connect your wallet (must hold staked WCT tokens) ✅ Review the proposal and cast your vote Your vote shapes the future of WCT—this is a crucial moment for the WalletConnect Ecosystem

WalletConnect's profile picture
WalletConnect1 year ago

8/ Get ready to vote! Voting Starts: Wednesday March 19, 2025 @ 10:00 CET Voting Ends: Wednesday March 26, 2025 @ 10:00 CET This is your chance to influence the timeline and conditions for WCT transferability

fhell's profile picture
fhell1 year ago

Finally, fckng hell It's happening

Meridia (Electronic Voting)'s profile picture
Meridia (Electronic Voting)1 year ago

Speed up your live meetings and voting sessions with the click of a button!

Maya's profile picture
Maya1 year ago

I hope all this protocol is worth it in the end

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