WalletConnect Crypto Airdrop Announcement: 185 Million Tokens with Conditions
WalletConnect's 185 Million Token Airdrop
In exciting crypto airdrop news, WalletConnect has announced that it will distribute 185 million of its Connect Tokens (WCT) on the Optimism network. This strategic initiative is part of enhancing the on-chain user experience. However, there's a significant catch: the WCT tokens will remain non-transferable until 2025.
Why Non-Transferable?
WalletConnect's decision to make the tokens non-transferable aims to ensure network stability and prevent market speculation. Despite this limitation, the tokens can be actively used for governance and staking within the WalletConnect ecosystem right away.
Eligibility and Distribution Details
- Only Ethereum address holders can qualify.
- Active engagement with WalletConnect required.
- Contributions to open-source projects will also count.
Participants must link their wallets, integrate their GitHub accounts, and provide an email address for the airdrop. The distribution is scheduled for October 11, following a thorough review of participants' historical engagement.
Unclaimed Tokens
Unclaimed tokens from this airdrop will be reallocated to future opportunities, emphasizing WalletConnect's commitment to community involvement.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.