Stake WalletConnect Token on Optimism

Earn rewards up to 23.59% APY, participate in governance and support the future decentralization of the network.

Balance

– WCT

Staking position

– WCT

Up to 23.59% APY

Rewards

– WCT

What is WCT staking and how do rewards work?

Staking WCT allows you to earn weekly rewards. Rewards are proportional to your stakeweight, which combines the number of tokens staked and the duration of the unstaking period. Longer lock periods increase stakeweight and your share of rewards.

What happens during unstaking?

When you staked your WCT, you selected an unstaking duration. If you choose to unstake:

• Your tokens begin their unstaking period immediately
• APY decreases each week until it reaches 0%
• Tokens are withdrawable only after the chosen period ends

How many staking positions can I have?

You may only have one active staking position per address at a time. You can:

• Add more WCT to your position (inherits the current duration)
• Extend your duration to increase your APY
• You can also open a new position on a different address

How does adding tokens or extending lock impact rewards?

Both actions increase your stakeweight, improving your share of rewards. Updates made mid-week take effect in the next Thursday reward cycle.

Are there any fees for staking/unstaking WCT?

Yes, a small gas fee will apply when claiming WCT tokens. The exact amount will depend on blockchain network conditions at the time of claiming.

Can I cancel the unstaking once initiated?

Currently, there is no option to revert during the unstaking period. Once it begins, you must wait until the period finishes before creating a new staking position.

When are rewards distributed?

Rewards are issued every Thursday GMT. To qualify for a given week:

• Your position must have started before Thursday at 00:00 GMT
• And have at least 1 week remaining in lock duration

Can I partially unstake or split my position?

No. Each address can only hold one position. Unstaking always withdraws the entire position in one transaction.

What if my position expires?

Expired positions:

• Stop earning rewards
• Can no longer be updated
• Require a new stake to resume earning