The WalletConnect airdrop distributed 50 million WalletConnect Tokens (WCT) in its first season, marking the first of multiple planned airdrop seasons. This initiative is part of the platform’s broader plan to allocate 185 million tokens across several seasons to reward both active users and contributors.
The claim period for season one began on Nov. 26, 2024, and ended on Jan. 3, 2025. Participants who successfully claimed their tokens can now stake them for rewards or participate in governance activities.
WalletConnect Airdrop Distribution
The first season allocated the 50 million WCT tokens as follows:
- 30 million tokens to users who met specific activity and engagement criteria.
- 20 million tokens to contributors, including GitHub developers, node operators, and early supporters of the WalletConnect ecosystem.
WalletConnect Airdrop Eligibility Rules
Eligibility for the airdrop required participants to:
- Register a profile during the eligibility period.
- Connect a wallet through the WalletConnect Network.
- Demonstrate network usage or contributions before Sept. 12, 2024.
Users and contributors were evaluated based on:
- Network usage: Connections and signatures made via WalletConnect.
- On-chain activity: Wallet balances, transaction volumes, gas fees paid, and other metrics.
- Contribution history: Participation in GitHub or Gitcoin projects and open-source initiatives.
A scoring system determined eligibility and token allocations.
The team screened profiles for anti-fraud measures, Sybil resistance, and compliance with sanctions.
Claim Process for WalletConnect Airdrop
Eligible participants completed the claim process, which is now closed, by:
- Visit the official WalletConnect Airdrop Page.
- Connect the wallet used for registration.
- Accept the terms and conditions to check eligibility.
Once deemed eligible, users could:
- Select the “Claim” option to transfer tokens to their wallet.
- Approve the transaction in their connected wallet.
WalletConnect partially subsidized gas fees to reduce transaction costs during the claim period.
WalletConnect Staking Details
Participants who claimed WCT tokens can stake them using WalletConnect’s Dynamic Staking system. This allows:
- Staking any number of tokens.
- Choosing a staking duration from one week to two years.
User Reactions to the WalletConnect Airdrop
The WalletConnect airdrop received mixed feedback. Some users appreciated the simplified claim process and gas fee subsidies. However, others expressed dissatisfaction with the eligibility criteria and evaluation process.
Airdrop Feedback Tweet. Source: X
Long-time users questioned the fairness of the distribution and noted the exclusion of some wallets with significant history. Inconsistencies in gas fee subsidies during the eligibility period added to the criticism.
What’s Next for WalletConnect Airdrops?
Although the first season is complete, WalletConnect plans additional airdrop seasons as part of its broader roadmap to distribute 185 million tokens. Future airdrops may offer opportunities for more participants to engage with the ecosystem and receive rewards.
WalletConnect 2024 Milestones. Source: WalletConnect on X
WalletConnect Airdrop FAQs
What is the WalletConnect airdrop?
A token distribution rewarding users and contributors with WCT tokens.
When was season one?
November 26, 2024, to January 3, 2025.
How were tokens distributed?
30M for active users, 20M for contributors.
Who was eligible?
Users who registered, connected wallets, and showed activity before September 12, 2024.
How was eligibility scored?
Based on network usage, on-chain activity, and contributions.
How could tokens be claimed?
By checking eligibility, connecting wallets, and claiming on the WalletConnect Airdrop Page.
Were gas fees subsidized?
Partially, to reduce costs during claims.
Can tokens be staked?
Yes, for durations from one week to two years.
When did staking rewards start?
December 19, 2024.
What’s next?
More airdrop seasons and opportunities to earn WCT.
