Insights

$WCT could be further integrated into various decentralized applications (dApps) and protocols. This could include using $WCT for staking, providing liquidity, or as collateral within the Waves DeFi space. Increased DeFi activity on Waves and the utility of $WCT within it will be significant drivers of demand. The growth and adoption of the Waves DeFi ecosystem and $WCT's role within it will be crucial. $WCT may serve as a reward mechanism for node operators who contribute to the security and stability of the Waves network. As the network grows and the demand for secure infrastructure increases, the role of $WCT in incentivizing node operation will become more important. The number of active and reliable nodes on the Waves network and the rewards distributed in $WCT will be a key indicator.