Staking your tokens instead of just holding them? That’s how you make your crypto work for you. If you’ve got your hands on some WalletConnect Tokens (WCT), you might be wondering how you can put them to use. The good news? You can stake them and become an active part of the WalletConnect Network. But before you dive in, it’s important to understand what this network is all about and why WCT staking actually matters.

The WalletConnect Network powers over 150 million onchain connections across 600 wallets and 40,000 app projects. It connects users to decentralised apps safely and easily. WCT isn’t just another token—it fuels this entire ecosystem. 

Built on the Optimism Mainnet, it combines Ethereum’s security with faster performance. Staking WCT means more than earning rewards; you’re helping support a user-owned future for onchain experiences. Ready to learn how to stake your WCT the right way? Let’s break it down.

How to Stake WalletConnect Token (WCT)?

Staking your WalletConnect Token  not only earns you regular rewards but also increases your influence over the network’s governance. By locking tokens, you gain stakeweight, which directly affects your voting power and reward share.

Understand the Concept of Stakeweight

Before staking, it’s crucial to grasp the stakeweight mechanism. This metric determines both your share of WCT rewards and your governance voting power. The formula used to calculate stakeweight is:

Stakeweight = (Amount of WCT) × (Remaining Lock Time in weeks) / 209

  • Amount of WCT: Total number of tokens you stake
  • Remaining Lock Time: Duration in weeks that your tokens stay locked (maximum 105 weeks)
  • 209: A fixed constant to standardise calculations

For instance, if you lock 1,000 WCT for 40 weeks:

Stakeweight = 1,000 × 40 / 209 ≈ 191.3

This value becomes your proportional share of both rewards and governance influence.

Access the WalletConnect Staking Section

Start by logging into your WalletConnect profile. Navigate to the Staking tab, which acts as your main dashboard for managing staking positions, viewing rewards, and tracking lock durations.

Approve Token Access

Before staking, you need to approve the staking contract to interact with your WCT tokens. This step includes:

  • Authorising the contract to access your tokens
  • Ensuring wallet security through a two-step confirmation process

Once approved, you can proceed with the staking transaction.

Select Staking Amount and Lock Duration

In the staking section, you’ll need to make two critical choices:

  • Choose how many WCT tokens to stake
  • Select a lock period, up to a maximum of 105 weeks

A longer lock period boosts your stakeweight, increasing your rewards and governance power.

Confirm and Lock Tokens

After selecting your amount and lock duration:

  • Sign the transaction in your wallet
  • Lock the tokens into the staking contract

Your staking position becomes active immediately, and rewards start accruing based on your computed stakeweight.

Monitor and Adjust Your Stake

Over time, your stakeweight reduces as the remaining lock period shortens. To maintain or grow your stakeweight:

  • Add more WCT tokens to increase your staked amount
  • Extend your lock period to reset or improve your remaining weeks

These adjustments help sustain your reward share and governance role.

Additional Considerations

  • Rewards: Distributed weekly, proportional to your stakeweight
  • Governance: Your stakeweight translates into real influence over protocol decisions
  • Lock Period: Tokens remain inaccessible until the lock duration ends, so evaluate your liquidity needs beforehand

Staking WCT offers both yield and strategic network participation, but it requires careful planning and active management.

Also Read: Where to buy WalletConnect Token

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Best Places to Stake WalletConnect Token (WCT)

bitget logo

Bitget offers a robust, secure platform that supports staking of WalletConnect Token (WCT) with daily reward distribution and no slashing penalties. The system uses proof-of-stake consensus. Users can stake WCT, earn around 4.78 % APR and withdraw flexibly. Bitget safeguards principal and mirrors on‑chain returns without extra fees, making it ideal for those who value simplicity and reliability when staking via WalletConnect.

Pros:

  • Offers ~4.78 % APR, paid daily with no principal loss risk
  • No slashing or on‑chain penalties
  • Mirrors true on‑chain yield without additional fees
  • Simple, low-setup staking process via web or app
  • Allows flexible or express withdrawal options

Cons:

  • APR may fluctuate based on on‑chain network activity
  • Standard withdrawals follow on‑chain schedules
  • Express withdrawals incur a 10 % service fee
  • Limited to WCT staking; fewer tokens than larger platforms
binance us crypto exchange

Binance offers a robust platform for staking WalletConnect Token (WCT). Users can stake BNB, USDC or FDUSD in Binance Launchpool from 11–14 April 2025 to farm WCT rewards. Once listed, Binance enabled flexible WCT subscriptions via Simple Earn and allowed staking directly on the exchange. Binance also supports governance participation and reward distribution for node operators and token holders. The platform streamlines staking WCT with transparent terms and user‑friendly tools.

Pros:

  • Farming WCT via Launchpool attracts up to 40 million tokens with zero fees.
  • Simple Earn offers flexible staking of WCT immediately after listing. 
  • Platform ensures reliable integration with deposits and withdrawals open since 30 May 2025.
  • Supports governance staking and reward mechanics for node operators.

Cons:

  • Launchpool period remains time‑limited, forcing users to act quickly.
  • Locked assets in Launchpool pools restrict access until period ends.
  • Platform updates or staking changes might impact earnings.
  • Users must complete KYC, which may deter privacy‑conscious individuals

XBanking offers a non‑custodial DeFi protocol that lets users stake WalletConnect Token (WCT) easily. It integrates Web3 wallets via WalletConnect and supports transparent staking pools with annual yields around 21 % APR. The platform connects across multiple networks, enabling users to stake, restake or participate in liquidity pools securely and with flexible lock‑up periods.

Pros:

  • Delivers high yields (≈21 % APR for WCT staking)
  • Offers full control over private keys
  • Provides flexible staking periods
  • Connects seamlessly via WalletConnect
  • Supports multiple networks and staking options

Cons:

  • Requires some technical know‑how for best use
  • Users bear full transaction and gas costs
  • Platform offers limited direct support channels
  • Smart contract risks remain despite audits

Benefits of Staking WalletConnect Token (WCT)

Staking WalletConnect Token (WCT) allows you to earn steady returns, engage with the protocol’s governance, and support the overall health of the network. Whether you’re an investor looking for passive income or someone interested in shaping the protocol’s future, staking WCT offers powerful incentives across multiple areas. Below are the key benefits explained in a clear, easy-to-understand format.

Earn Weekly Rewards with Stake weight

When you stake WCT, you unlock the ability to earn weekly rewards based on your stake weight. This value reflects both the number of tokens you lock and how long you commit them. The formula used is:

Stakeweight = (Amount of WCT) × (Remaining Lock Time in weeks) / 209

For example, if you stake 1,000 WCT for 40 weeks, your stake weight equals 191.3. The protocol uses this number to determine how much of the weekly reward pool you’ll receive. The higher your stake weight compared to others, the larger your reward share.

Strengthen the Network’s Security

Staking your WCT tokens plays a key role in reinforcing the network’s resilience. Every staked token increases the overall decentralisation and reduces the risk of concentrated control. A highly distributed network like Wallet Connect becomes more stable, secure, and less vulnerable to malicious attacks.

Influence Key Governance Decisions

Staking also gives you the power to vote on important decisions within the WalletConnect ecosystem. Your stake weight directly translates into voting power, which means the more you stake, the louder your voice. This ensures that only committed and long-term participants help shape future updates and protocol changes.

Participate in Performance-Based Rewards

In addition to standard weekly rewards, WalletConnect sometimes offers extra incentives for high-performing or highly committed participants. These performance rewards may include bonuses or access to special programmes designed to support growth and healthy engagement within the network. They act as an added layer of motivation for long-term stakers.

Encourage Long-Term Commitment and Flexibility

By staking WCT for periods of up to 105 weeks, you naturally become more involved in the network’s long-term progress. You’re not just chasing short-term gains—you’re becoming part of a supportive community. 

Over time, your stake weight gradually decays, but you can maintain or increase it by adding more tokens or extending your lock period. This flexible structure ensures ongoing participation and allows serious holders to stay competitive.

Frequently Asked Questions

How Are Staking Rewards Distributed For WCT?

Staking rewards are issued weekly every Thursday. To qualify for a reward round, your position must have begun before 00:00 GMT on Thursday and still retain at least one week of lock remaining. Rewards are then allocated in proportion to your stakeweight compared with the network’s total stakeweight, making earlier and longer commitments more advantageous 

Can I Add More Tokens Or Extend The Lock Time?

Yes. Active (non-expired) staking positions can be updated at any time by topping them up with additional WCT, which inherits the remaining lock time. Users may also bolster their stakeweight by increasing their lock duration, up to the two-year maximum. These actions boost stakeweight, useful for enhancing future reward distribution or voting power

What Happens When A Staking Position Expires?

Once the lock period ends, your stakeweight drops to zero and no more rewards accumulate. You can no longer extend, top up, or claim governance rights on that position. At this stage, your only option is to unstake the entirety of your locked WCT, freeing it up for either restaking under new terms or withdrawal

How Do I Unstake WCT Tokens?

To unstake WCT, return to your WalletConnect profile’s staking section after your lock duration has finished. Then select the unstake option to release your tokens; this must be done in one transaction for the whole position. Partial withdrawals are not supported, so you’ll reclaim your entire balance in that slot.

Can I Restake My Earned Rewards?

Yes, when claiming your staking rewards, WalletConnect provides the option to immediately restake them into your existing position. This strategy allows users to compound returns, continuously increasing their stakeweight, in turn boosting future rewards and enhancing their influence in network governance

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