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WalletConnect (WCT) Will be the Next Project on Binance Launchpool

April 10, 2025
in Crypto Updates
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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 might 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 means. 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 tasks.

Table of Contents

Toggle
  • How WCT Farming Works
  • Token Information & Distribution
  • Buying and selling Bots, Copy Buying and selling, and Integration Instruments
  • Limits on Compliance and Participation

How WCT Farming Works

The WCT farming marketing campaign permits customers to lock up their crypto property 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 might be distributed day by day. Rewards are distributed hourly primarily based on consumer and pool holdings. Right here’s the day by 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 consumer:

35,416 WCT through BNB2,083 WCT through FDUSD4,166 WCT through USDC

For comfort, customers can declare rewards on to their Spot Wallets each time they need, and on the finish of the farming interval, all unclaimed rewards might be transferred.

Binance Banner Ads - 700x60

Token Information & Distribution

WalletConnect has a complete token provide of 1 billion WCT, with 4% (40 million WCT) allotted for Launchpool rewards. We will even distribute 10 million WCT by way of a Study & Earn marketing campaign. At launch, there might be 18.62% (186.2 million WCT) circulating.

WCT is at the moment deployed on OP Mainnet on the contract tackle 0xeF4461891DfB3AC8572cCf7C794664A8DD927945. The itemizing price for the token has been waived by Binance.

The web page might be prepared on Binance’s Launchpool for 12 hours earlier than the marketing campaign kicks off, whereas analysis report for WCT ought to be prepared throughout the subsequent 24 hours.

That is particularly excellent news for BNB holders. Because of this customers with BNB saved in Versatile Merchandise and Locked Merchandise (which incorporates Easy Earn and On-Chain Yields) might be routinely enrolled in Launchpool and routinely obtain rewards with out further effort.

The Launchpool reward calculation will even contemplate the staked BNB on Lista (slisBNB or clisBNB) within the Binance Keyless Pockets. This brings an extra layer of comfort, particularly for passive buyers.

Plus, you’ll nonetheless obtain normal advantages of a BNB holder, together with airdrops and VIP perks whereas collaborating in Launchpool.

walletconnect-wct-will-be-the-next-project-on-binance-launchpoolwalletconnect-wct-will-be-the-next-project-on-binance-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 might be carried out 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 forestall eligible customers from Australia, Canada, the US (and its territories), Japan, Iran, North Korea, and a handful of others. Binance notes that the checklist may change as regulators catch up.

To entry Launchpool options, customers are additionally required to finish their Binance KYC verification and improve their cellular utility to model 2.89.0 or above. It famous that tokens can solely be staked in a single pool, however customers can break up their property throughout separate swimming pools.

The platform additionally cautioned towards 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



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Tags: BinanceLaunchpoolProjectWalletConnectWCT
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