WalletConnect has initiated Wave 2 of Boosted WCT Rewards, allocating 1.9 million WCT to eligible stakers on Optimism, with distribution occurring after a January 5, 2026 snapshot. The initiative enhances staking engagement, targeting a 30% APY for contributors, reflecting WalletConnect's focus on long-term network support without relying on token inflation.
WalletConnect Introduces 1.9 Million Token Rewards
WalletConnect introduces Wave 2 of Boosted WCT Rewards, with a 1.9 million token allocation available for long-term stakers on Optimism. The initiative enhances engagement by rewarding commitment and governance participation.
The WalletConnect community involves token holders, node operators, and contributors. Rewards distribution followed the January 5, 2026 snapshot, targeting eligible stakers and supporting long-term network growth.
WCT Rewards Boost Optimism Network Confidence
Recipient wallets have already received WCT rewards, reinforcing confidence in the Optimism network's security and functionality. There has been no immediate effect noted on affiliated cryptocurrencies beyond WCT.
Insights suggest potential financial enhancement for the community through APY targets around 30%. Supported by on-chain data, this initiative does not depend on token inflation, striving for sustainable governance growth.
Wave 2 Rewards Focus on Long-term Engagement
In comparison to Wave 1, the current phase emphasizes long-term commitment with increased token allocations, aiming to deepen engagement. Previous programs like Binance's Learn & Earn have similarly sought to bolster user participation.
Experts from Cryptodailyalert highlight the positive trajectory of such reward initiatives, focusing on sustainability without inducing market inflation. Continued governance engagement is anticipated to foster network robustness.
"Millions of users rely on WalletConnect every day... At the heart of that trust is the community: the token holders, node operators, and contributors." - WalletConnect Team (Community Leaders)