WalletConnect

**WalletConnect distributes 2.5M WCT tokens** to committed stakers and governance participants. **Qualification Requirements:** - Minimum 100 WCT staked - Staking period over two weeks - Active governance participation (Wave 2 only) **Two-Wave Distribution:** **Wave 1** - Live now - 1M WCT pool - Based on stake amount and lock duration **Wave 2** - End of year - 1.5M WCT pool - Includes governance participation rewards The program **prioritizes time commitment over capital**, making rewards accessible to smaller contributors who stake longer and engage in governance. Stakers can reinvest rewards at [staking.walletconnect.network](https://staking.walletconnect.network/) Full details: [walletconnect.network/blog](https://walletconnect.network/blog/boosted-stakers-rewards-strengthening-commitment-across-the-network)

**WCT launches liquidity pool on Base ecosystem** Wallet Connect Token (WCT) has expanded its presence on the Base blockchain by introducing a new liquidity pool. **Key developments:** - New $WCT/$WETH pool now live on Aerodrome Finance - Liquidity providers become eligible for AERO token emissions - Integration deepens WCT's involvement in Base ecosystem **What this means:** Users can now provide liquidity to earn additional rewards through AERO emissions while supporting WCT trading on Base. The move represents WCT's continued expansion across different blockchain ecosystems beyond its original network.

**Solayer Labs** and **WalletConnect** concluded Token2049 Singapore with a well-attended ecosystem event focused on Solana builders. The event brought together developers and community members for networking and collaboration within the Solana ecosystem. - Featured brunch-style gathering for builders - Wrapped up the major Token2049 conference week - Focused on strengthening Solana community connections The Singapore event marks another successful Token2049 gathering, continuing the conference's tradition of fostering web3 ecosystem growth.

While crypto cards dominate current payment methods, **stablecoin payments** represent the true onchain opportunity for business transactions. The potential is clear: - Fast, global payroll processing - Streamlined vendor payouts - Programmable business transactions However, the current reality is fragmented. Users navigate scattered processes across multiple wallets, chains, and approval systems. **The challenge**: Building the missing infrastructure layer that makes stablecoin payments as seamless as traditional methods. This infrastructure gap prevents widespread adoption despite stablecoins' clear advantages for cross-border business payments. [Read the full analysis](https://walletconnect.network/blog/stablecoin-payments-are-useful-but-they-re-not-easy-yet)

**WalletConnect has partnered with dtcpay** to expand stablecoin payment capabilities across Asia's retail and institutional markets. **Key developments:** - dtcpay becomes first Major Payment Institution (MPI) in Asia to integrate WalletConnect - Enables stablecoin payments (USDC, USDT, WUSD) across POS terminals with 500+ wallet support - Targets consumers, enterprises, and institutions globally **Market impact:** - Stablecoins represent 72% of WalletConnect payments - Partnership positions WalletConnect as critical infrastructure for mainstream adoption - Moves onchain payments from experimental to essential commerce tool The collaboration was announced at Token2049 alongside partners including SafePal, Keplr Wallet, and Canton Network.

**WalletConnect and TalentProtocol** distributed 75,000 WCT tokens to the top 10 builders on Base this week. **Weekly winners include:** - 0xGeeLoko (3wbclub) - apoorveth (Swiss Knife) - tempetechie.eth (Iggy Social) - 0xAnotherdev (Superchaineco) - samskuhlmann (HausDAO) - DidierKrux (Bankless Academy) - Abundance_DAO (Abundance Protocol) - 0xRiz0 (Educational Sandbox) - dotferno (Tippit) - ethan83111657 (Plonky3) **To qualify for next week's rewards:** - Use WalletConnect tools and packages - Contribute on GitHub - Build on Base - Have a Basename - Maintain Builder Score ≥ 40 This **weekly program** rewards builders driving growth on the WalletConnect Network. Check your rank on the [Farcaster mini-app](https://farcaster.xyz/miniapps/7qaOrCWp8Z3U/walletconnect-builder-rewards).

Gemini Wallet has integrated WalletConnect, significantly expanding its functionality. Users can now connect to over 70,000 decentralized applications across multiple blockchains including Ethereum, Solana, and Bitcoin. Key features: - Instant session starts with no app switching - Encrypted connections ensuring privacy - Seamless authentication across platforms - Support for trading, swapping, staking, and minting The integration leverages WalletConnect's universal layer, which maintains 99.99% uptime and processes billions in transactions annually. Users simply scan a QR code to connect their Gemini Wallet to any supported application. [Learn more about the integration](https://walletconnect.network/blog/walletconnect-integration-in-gemini-wallet)

WalletConnect kicks off August with several key developments: - New governance proposal launched and open for community voting - CEO @jesshoulgrave featured in Business Insider article - Additional $WCT token reward campaigns being implemented July's achievements included: - Token updates for $WCT - New merchandise releases - Successful community engagement initiatives *Stay engaged with these opportunities to participate in WalletConnect's ecosystem development.*

WalletConnect is establishing itself as the fundamental connectivity layer for the financial internet, facilitating all types of digital transactions: - Stablecoin transfers - Merchant checkouts - User payouts The company has released their State of Onchain Payments report, providing crucial insights for blockchain developers and financial technology innovators. **Key Infrastructure Role:** - Acts as universal connector for digital wallets - Enables seamless payment flows - Supports growing onchain economy Read the full analysis: [State of Onchain Payments Report](https://reown.com/onchain-payments-report)

Kabila App has integrated Reown's WalletKit SDK, marking a significant development in multichain connectivity. This integration enables seamless access to the Hedera ecosystem. Key features: - Multichain app compatibility - Consistent user experience across chains - Frictionless wallet connections - WalletConnect integration The move follows similar successful integrations like RootstockColl, which recently implemented Reown AppKit SDK for enhanced wallet connections with popular providers including MetaMask, SafePal, and Bitget. [Join WalletConnect Community](https://t.me/walletconnect)