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In the WalletConnect ecosystem, the usage strategy of WCT Token by large partners is bringing stability to the network. Well-known companies like ConsenSys and Ledger are not in a hurry to sell their WCT; instead, they choose to stake it to support the network's operation. By operating efficient Nodes for a long time, these companies not only earn corresponding rewards but, more importantly, ensure the smooth operation of the protocol.
This approach provides a reliable infrastructure for the use of wallets and decentralized applications (dApps). Unlike those speculators who quickly exit after short-term profits, the actions of these 'whales' actually protect and stabilize the entire ecosystem. They demonstrate confidence in the long-term development of WalletConnect by staking tokens and maintaining the network, rather than selling.
This strategy not only benefits the value stability of WCT Token but also builds a solid foundation for the entire ecosystem. By ensuring the reliability and performance of the network, these large Node operators are paving the way for the future development of WalletConnect, enabling it to better serve the growing Web3 user base.
This phenomenon reflects the difference between long-term participants and short-term speculators in blockchain projects. The former's participation not only brings technical contributions but also conveys confidence in the project's future through their actions, which is crucial for attracting more users and developers to join the ecosystem.