WalletConnect has become the backbone of wallet-to-app interoperability, facilitating over 15 million monthly connections across more than 300 blockchain networks. In April 2025, the protocol launched its native token, $WCT, as Binance Launchpool Project #67. With a total supply of 1 billion and an initial 40 million distributed via yield farming, WCT is now traded across USDT, FDUSD, BNB, and other major pairs.As WalletConnect shifts toward decentralizing its infrastructure and governance, this interview explores the protocol’s evolving roadmap, token utility, security model, governance priorities, and alignment with major players like Binance.1. Protocol Decentralization & Governance FrameworkAs WalletConnect transitions away from foundation-led control, what are the key milestones for becoming a fully community-governed network? What on-chain signals or activity will trigger key governance phases (e.g., DAO proposals, node allocation, treasury control)?We're taking a phased approach. Decentralization starts with Service Nodes, initially permissioned, eventually open to any staker. Governance will unlock progressively, starting with tokenholder proposals and votes. As more nodes come online, treasury control and protocol changes will follow. We're designing this transition carefully to balance resilience, performance, and community trust.2. Token Utility, Staking & Fee ModelWCT introduces staking and potential fee-sharing. How do staking rewards connect with protocol usage or fee revenue? Will tokenholders receive a share of activity-based earnings? What types of actions or participation will be incentivized through staking beyond governance voting (e.g., validator uptime, integration support)?WCT isn't just a governance token, it underpins the Network’s economics. Nodes support the ecosystem, and they’ll be rewarded based on uptime and performance. Initially, there are no protocol fees, but governance can vote to introduce them. Long term, we expect usage-based rewards to flow to contributors once fee mechanics go live.3. User Experience & Growth StrategyWalletConnect supported 240% session growth over the past year. What UX enhancements, SDK upgrades, or cross-chain tooling are being prioritized to support the next wave of adoption? How are you improving the connection experience across mobile, browser, and hardware wallets to meet mainstream usability standards?Our focus is simple: reduce friction, especially on mobile. We’re optimizing SDKs to support smoother wallet transactions, lower latency, and cross chain support. The upcoming improvements will feel invisible to the user, that’s the goal. Seamless connections, intuitive fallback flows, and broader wallet support will continue to drive adoption.4. Chain Support & Technical RoadmapYou currently support major chains like Ethereum, Optimism, Solana, Cosmos, and Bitcoin. What criteria determine which new chains WalletConnect will integrate next? Is cross-chain messaging, intent-based connectivity, or support for account abstraction part of your longer-term roadmap?Integration prioritizes demand, technical compatibility, and UX gains. We're already multichain across EVM, Solana, Cosmos, and more. Future work includes intent-based connectivity, better session continuity, and account abstraction support to make connections safer and smarter.5. Ecosystem Integration & Binance CollaborationWalletConnect was launched via Binance Launchpool. Are there upcoming initiatives to integrate natively with Binance Wallet, Launchpad, Smart Chain dApps, or institutional APIs? How do you see WCT enhancing interoperability across Binance-linked wallets and multi-chain applications?Our Launchpool debut with Binance was just the start. We’re actively exploring deeper integration into Binance Wallet, Launchpad onboarding, and API-level support for institutional flows. WCT brings a stake-based utility and a shared incentive layer for any multichainapps.6. Security, Nodes & Network DesignAs the network decentralizes, how will you prevent spoofing, Sybil resistance issues, or man-in-the-middle risks during wallet-to-dApp sessions? What are the technical requirements or incentives for running a WalletConnect node, and how do you ensure reliability and trust?As a node operator your reward is not influenced by the amount of tokens that are staked or delegated to your address but instead the uptime and performance measured by its participation in the Network. The Network currently has strong verification protections for users to distinguish legitamete from malicious apps and its architecture is designed for redundancy to ensure no user is blocked from connecting their wallet if a single node operator fails to deliver a message.7. Governance & Treasury AllocationWith governance going live post-token launch, what will the WCT DAO prioritize first: node incentives, treasury distribution, protocol changes, or builder grants? How will proposal processes and voting rights be structured to avoid governance capture or whale dominance?Currently the Foundation is electing members to join the UX Council which will be responsible for putting proposals forward that the community will be able to vote. To further protect the decentralized governance the voting power is attributed based on each address stakeweight that is calculated not only based on the number of tokens staked but also how long is the locking period8. Success Metrics & Long-Term KPIsWCT launched at ~$0.43 and reached ~$1.35 in May 2025 with ~$150M in daily trading volume. Beyond price, what metrics best define your success—node growth, developer participation, retention, or protocol fee generation?How are you balancing short-term token momentum with the infrastructure maturity needed to make WalletConnect a long-term standard?Price is a byproduct, not the mission. Success is measured by number of active nodes, SDK adoption, session success rate, and growth in developer participation. We’re building infrastructure for the next decade, not just the next pump.9. Developer Ecosystem & SDK GrowthWhat tooling or SDK upgrades are planned to improve developer onboarding—especially for dApps building multi-wallet or multi-chain support?Is there a dedicated developer fund or grant program for dApp integrations, mobile wallets, or UX modules built on WalletConnect infrastructure?We’re upgrading docs, onboarding flows, and offering templates to fast-track integrations. Yes, we’ve set aside grants for teams building on WalletConnect infrastructure. The easier we make it to build, the faster the ecosystem grows.10. Competitive Differentiation & Technical PositioningHow does WalletConnect differentiate from alternative wallet standards like MetaMask Snaps, MPC-based protocols, or account abstraction solutions like ERC-4337? What unique features or design decisions set WalletConnect apart as the preferred infrastructure layer for wallet-dApp communication?What sets WalletConnect apart is composability. Others bolt on features—WalletConnect is the fabric of wallet-app communication. Unlike MPC-only or Snaps-based systems, we’re open, chain-agnostic, and already powering the connections behind most of web3.11. Mobile Experience & Web3 SuperAppsAs wallet usage grows on mobile, do you see WalletConnect evolving toward a superapp model—where signing, swapping, and app navigation happen seamlessly in one interface?We don’t want to be a superapp. We want to power them. Whether it's Telegram mini apps or wallet-native UX, WalletConnect sits beneath it all. Our mobile SDKs are getting faster, lighter, and more flexible so builders can craft great user journeys anywhere.
Kikyo
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Hui Xin