WalletConnect (WCT), the 67th project featured on Binance Launchpool, offers users a unique opportunity to earn free tokens by staking existing assets. This guide provides a step-by-step walkthrough to maximize your participation in this limited-time event.
Key Details at a Glance
- Token: WalletConnect (WCT)
- Platform: Binance Launchpool
- Farming Period: April 11โ14, 2025
- Listing Date: April 15, 2025
- Total Rewards: 40 million WCT (4% of total supply)
- Supported Pools: BNB, FDUSD, USDC
๐ Start earning WCT tokens today
Step-by-Step Participation Guide
1. Update Your Binance App
Ensure you're using Binance App version 2.89.0 or later for full Launchpool functionality.
2. Asset Preparation
Three asset pools are available:
| Asset | Reward Allocation | Daily Distribution |
|---|---|---|
| BNB | 85% (34M WCT) | 8.5M WCT/day |
| FDUSD | 5% (2M WCT) | 500K WCT/day |
| USDC | 10% (4M WCT) | 1M WCT/day |
3. Access Launchpool
Navigate to the Launchpool section in your Binance app approximately 12 hours after the initial announcement.
4. Stake Your Assets
Choose your preferred pool(s) and lock your assets. You can participate in multiple pools simultaneously.
5. Claim Rewards
Rewards accumulate hourly based on your average staked balance. Claim anytime during the farming period.
๐ Optimize your staking strategy
Understanding WalletConnect
Project Evolution
Founded in 2018, WalletConnect revolutionized wallet-dapp connections through QR code scanning, now supporting:
- Multiple blockchain networks
- Mobile and browser wallets
- Simplified Ethereum sign-in
Technical Infrastructure
- Relay Service: Encrypted wallet-dapp connections
- Service Nodes: Secure message storage
- Gateway Nodes: Optimized connection speeds
Token Economics
Distribution Breakdown
- Total Supply: 1 billion WCT
- Initial Circulation: 186.2M WCT (18.62%)
- Launchpool Allocation: 40M WCT (4%)
Token Utility
- Staking: Earn rewards by locking tokens
- Governance: Vote on network proposals
- Network Rewards: Incentivize participation
- Future Fees: Potential service charges
Special Participation Rules
- Automatic BNB Participation: Staked BNB in Flexible/Locked Products qualifies automatically
- Multiple Launchpools: Assets split equally across concurrent projects
- Collateral Exclusion: BNB used for loans doesn't earn rewards
- Specialized BNB: slisBNB and clisBNB are supported
FAQ Section
When can I start farming WCT tokens?
Farming begins April 11, 2025 at 00:00 UTC.
What's the minimum staking period?
No minimum - rewards calculate hourly, and you can unstake anytime.
Can I participate with multiple assets?
Yes, you can stake BNB, FDUSD, and USDC simultaneously in separate pools.
How often are rewards distributed?
Rewards update hourly and can be claimed at any time.
Will there be trading fees for WCT?
Standard Binance trading fees apply when WCT lists on April 15, 2025.
What happens to unclaimed rewards?
All rewards must be claimed before the farming period ends on April 14.
๐ Learn more about crypto staking
Final Notes
This Launchpool represents a significant opportunity to earn tokens from a well-established web3 infrastructure project. With careful planning and timely participation, users can maximize their WCT rewards during this four-day farming window.