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/ 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
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
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
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
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
staking.walletconnect.network
7/ How to vote
The proposal will go live on Wednesday @ 10:00 CET, when this happens:
Visit Snapshot: vote.walletconnect.network
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
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