WalletConnect has announced the launch of Wave 2 of its Boosted WCT Rewards program, aimed at incentivizing stakers on the Optimism network. With a substantial allocation of 19 million WCT, this initiative seeks to foster long-term engagement and governance participation among users, as emphasized in the official statement.
Rewards Distribution Scheduled
The rewards distribution will take place following a snapshot scheduled for January 5, 2026, specifically targeting eligible stakers. This strategic timing is intended to support the sustained growth of the network by rewarding those who demonstrate commitment over time.
Attractive Annual Percentage Yield
WalletConnect's program is designed to offer contributors an attractive annual percentage yield (APY) of 30%, emphasizing the platform's dedication to sustainable governance growth. Notably, this initiative aims to achieve these rewards without resorting to token inflation, thereby reinforcing the overall stability of the network.
Boosting Confidence in the Network
As a result, this move is expected to bolster confidence in the security and functionality of the Optimism network, encouraging more users to participate in staking and governance activities.
The recent launch of the Guardians incentive system by the Qubic Network has led to a surge in community engagement, contrasting with WalletConnect's new rewards program. For more details, see the full article here.
