Key Takeaways:
WalletConnect (WCT) is becoming a member of Binance Launchpool.By locking BNB, FDUSD, or USDC for 4 days, customers can farm WCT.On April 15, 2025, WCT will likely be listed in 5 buying and selling pairs on Binance Spot.
Binance Launchpool welcomes WalletConnect (WCT) because the 67th undertaking. WalletConnect is an open-source protocol that permits customers to attach with decentralized apps (dApps) in a seamless, safe, and interoperable manner. Beginning April 11, 2025, customers can earn WCT by locking BNB, FDUSD, or USDC for 4 days.
WCT will present the next buying and selling pairs: WCT/USDT, WCT/USDC, WCT/BNB, WCT/FDUSD, and WCT/TRY. The token will bear Binance’s Seed Tag, which is usually reserved for early-stage, high-potential initiatives.
How WCT Farming Works
The WCT farming marketing campaign permits customers to lock up their crypto belongings in one of many three supported Launchpool swimming pools:
BNB Pool: 85% of rewards, 34,000,000 WCTFDUSD Pool: 5% Rewards (2,000,000 WCT)10% of the rewards (4,000,000 WCT) will go to the USDC pool.
Farming will begin at 00:00 UTC on April 11 and finish at 23:59 UTC on April 14, throughout which 10,000,000 WCT will likely be distributed each day. Rewards are distributed hourly primarily based on person and pool holdings. Right here’s the each day breakdown:
BNB Pool: 8,500,000 WCT/dayFDUSD Pool: 500,000 WCT/dayUSDC Pool: 1,000,000 WCT/day
Binance will impose hourly limits, per person:
35,416 WCT through BNB2,083 WCT through FDUSD4,166 WCT through USDC
For comfort, customers can declare rewards on to their Spot Wallets every time they need, and on the finish of the farming interval, all unclaimed rewards will likely be transferred.
Token Information & Distribution
WalletConnect has a complete token provide of 1 billion WCT, with 4% (40 million WCT) allotted for Launchpool rewards. We can even distribute 10 million WCT by a Study & Earn marketing campaign. At launch, there will likely be 18.62% (186.2 million WCT) circulating.
WCT is presently deployed on OP Mainnet on the contract deal with 0xeF4461891DfB3AC8572cCf7C794664A8DD927945. The itemizing payment for the token has been waived by Binance.
The web page will likely be prepared on Binance’s Launchpool for 12 hours earlier than the marketing campaign kicks off, whereas analysis report for WCT must be prepared throughout the subsequent 24 hours.
That is particularly excellent news for BNB holders. Which means customers with BNB saved in Versatile Merchandise and Locked Merchandise (which incorporates Easy Earn and On-Chain Yields) will likely be mechanically enrolled in Launchpool and mechanically obtain rewards with out extra effort.
The Launchpool reward calculation can even contemplate the staked BNB on Lista (slisBNB or clisBNB) within the Binance Keyless Pockets. This brings a further layer of comfort, particularly for passive buyers.
Plus, you’ll nonetheless obtain commonplace advantages of a BNB holder, together with airdrops and VIP perks whereas taking part in Launchpool.
Buying and selling Bots, Copy Buying and selling, and Integration Instruments
Binance will instantly assist Spot Algo Orders of WCT pairs upon launch. Spot Copy Buying and selling and Buying and selling Bots will likely be applied inside 24 hours. Customers managing Spot Copy Buying and selling portfolios can add WCT pairs by updating their Private Pair Preferences.
Limits on Compliance and Participation
Regional Restrictions for WCT Launchpool Participation Regulatory restrictions stop eligible customers from Australia, Canada, the US (and its territories), Japan, Iran, North Korea, and a handful of others. Binance notes that the record may change as regulators catch up.
To entry Launchpool options, customers are additionally required to finish their Binance KYC verification and improve their cellular software to model 2.89.0 or above. It famous that tokens can solely be staked in a single pool, however customers can cut up their belongings throughout separate swimming pools.
The platform additionally cautioned in opposition to fraudulent ads claiming to promote WCT tokens forward of April 15. Any such affords are false promoting and customers are suggested to conduct correct due diligence to guard their funds.
Extra Information: Binance Leverages New Launchpool Mannequin for Improved Airdrop Expertise
