Today, Binance announced the launch of WalletConnect (WCT) on its Launchpool.
This is the 67th project launched on Binance Launchpool, and in this specific case, it is an open-source network that connects users to decentralized apps through a secure and interoperable protocol.
WalletConnect: the token WCT available on Binance Launchpool
The WalletConnect token will be called WCT, and currently it is not yet available on any other platform because Binance will be the first to list it on April 15, 2025. Therefore, any token for sale with this name or ticker until 11:00 AM UTC on that date is not the official WalletConnect token, and it could be misleading advertising.
In total, one billion WCT tokens will be created on Optimism, of which 40 million (4% of the supply) will be allocated to rewards on the Binance Launchpool.
Ten million tokens will instead be allocated to the “Learn & Earn” campaign, and will be distributed in batches.
The initial circulating supply at the time of listing on Binance will be 186.2 million tokens, equivalent to 18.62% of the total supply.
The crypto project of WalletConnect
WalletConnect aims to be a network where wallets, apps, and users connect to promote innovation, expand the ecosystem, and guide the network towards a decentralized and permissionless future.
WCT is the native token of WalletConnect Network, and it is its staking, fee, and governance token.
Among the declared partners of WalletConnect are important names in the crypto landscape, from Optimism to Ledger, including Uniswap, Trust Wallet, Consensys, Bitget, OKX and also Ethereum and Solana Foundation.
WalletConnect Network is an open source network that since 2018 connects users to decentralized apps through a secure and interoperable protocol. It aims to create a standardized way for interaction between wallet and on-chain applications, allowing users to connect their digital wallets to decentralized applications with ease.
It has already allowed more than 180 million connections to over 30 million users.
The launch of the WCT token: all the details for trading
Users of the Launchpool will be able to lock their BNB, FDUSD, and USDC to receive the WCT airdrop over four days, with farming starting at 00:00 (UTC) tomorrow, April 11, 2025.
The WCT token will be listed on the exchange on 15/04/2025 at 11:00 (UTC), with the following trading pairs: WCT/USDT, WCT/USDC, WCT/BNB, WCT/FDUSD, and WCT/TRY.
Various pool will be supported.
Those who will lock BNB will be allocated a total of 34,000,000 WCT (85% of the rewards), while those who will lock USDC will receive a total of 4,000,000 WCT (10%). The remaining 5% of the rewards, or 2,000,000 WCT, will go to those who will lock FDUSD.
The farming period will last from April 11 to 14, with 10,000,000 WCT in total daily rewards, of which 8,500,000 WCT for the pool in BNB, 500,000 WCT for the pool in FDUSD, and 1,000,000 WCT for the pool in USDC.
The most successful Binance Launchpools
The Launchpad di Binance is the exchange’s platform for the launch of tokens.
Among the most famous tokens launched in this way are those of Arkham Intelligence (ARKM), SafePal (SFP), Axie Infinity, Matic, Fetch.ai, various fan tokens of football teams, and many others.
The Launchpad di Binance was created in 2019, and the following year the Launchpool was launched, which allows users to lock their crypto to receive new tokens in return.
So if on the Launchpad tokens are mainly purchased, on the Launchpool instead they are earned by locking BNB or other crypto.
Among the most well-known tokens launched with the Launchpool are TON, NOT, OMNI, SAGA, ENA, SEI, SUI, other fan tokens of major football teams, and many others.
It’s not always about completely new tokens, as is the case with WCT of WalletConnect, but often the launch on Binance has still ended up making the difference.